(1) Nevermind the fact that BitCoin is only 10 years old, whereas financial markets are two orders of magnitude older. (2) Equities+bonds trade less than 8 hou

(1) Nevermind the fact that BitCoin is only 10 years old, whereas financial markets are two orders of magnitude older. (2) Equities+bonds trade less than 8 hours a day, no more than 5 days a week in most markets. BitCoin is a 24/7 marketplace. Not exactly apples-apples. (3) You are comparing a company (CoinBase) with an industry (financial equities market-making). If it's "unacceptable", the company's reputation will pay a price and they may be sued by regulators and/or AGs. (4) As late as last week, Gary Cohen stated that the WH is going to be hands-off of BitCoin for now, so there is no "regulatory perspective" unless (presumably) there is actual provable fraud or their stance changes. (5) "absolutely unacceptable" is what a significant portion of US voters thought of the financial and automotive bailouts, yet they still happened and the people swallowed it. At least CoinBase is a voluntary contract with their end-user. edit: I derped on how old BitCoin is now