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Almost all crypto market action is in China. And the ICO market there is so pathological that it's the exchanges asking for regulation. http://news.8btc.com/ok
by davidgerard 9y ago
Almost all crypto market action is in China. And the ICO market there is so pathological that it's the exchanges asking for regulation.
http://news.8btc.com/okcoin-ceo-host-non-public-ico-regulation-meeting-in-beijing http://news.8btc.com/okcoin-ceo-host-non-public-ico-regulati...
- mdpopescu 9y agoThe incumbents are always in favor of regulation, it prevents competition.
- davidgerard 9y agoI think in this case it's more that they already have various governments breathing down their necks, so a show of regulation is just the thing - and trying to blame the terrible assets they're trading, rather than being blamed themselves for putting them up for trading.