SEC's Gary Gensler says stablecoins are a risk to consumers, like "poker chips at the casino", and equates crypto boom to "wildcat banking" in the 1830s (Tory Newmyer/Washington Post)

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Tory Newmyer / Washington Post:
SEC's Gary Gensler says stablecoins are a risk to consumers, like “poker chips at the casino”, and equates crypto boom to “wildcat banking” in the 1830s  —  The top Wall Street regulator described the digital assets frequently pegged to the U.S. dollar as a danger to consumers

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