17 ms·
By regulating it? The whole argument that crypto-currencies weren't regulated was always more of a marketing gimmick than fact. Yeah in their infancy (which we
by dcole2929 9y ago
By regulating it? The whole argument that crypto-currencies weren't regulated was always more of a marketing gimmick than fact. Yeah in their infancy (which we might still be in) regulators didn't care much about them, but it was always apparent that if any of them ever took off governments would step in. Here they've basically said, just because these commodities are taking a new form they still are a commodity and as such the existing rules around them must be honored. Whether that's fair or right? Who knows but it was an obvious outcome. They don't have to be able to control the currency itself to still enforce their rules because they have access to the people using it.