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It's very simple. The SEC will prosecute one of the big boy "exchanges" and bring that company to a screeching halt. All of the rest will have to meet stringent
by projmayhem 9y ago
It's very simple. The SEC will prosecute one of the big boy "exchanges" and bring that company to a screeching halt. All of the rest will have to meet stringent regulatory requirements in order to service American customers.
- lagadu 9y agoThis only works for US-based exchanges though.
- matthewbauer 9y agoI think it would be any exchange holding Americans' assets. Note that lots of countries will follow the US lead on this too.
- pjc50 9y agoTell that to the poker companies. https://en.wikipedia.org/wiki/United_States_v._Scheinberg https://en.wikipedia.org/wiki/United_States_v._Scheinberg