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And if it's an unregulated market, then they'll trade even more money.
by ethbro 9y ago
And if it's an unregulated market, then they'll trade even more money.
- twblalock 9y agoIt won't remain unregulated for long if the banks get in on it, or if a large percentage of the public starts using it. After one or two bad examples on the TV news of banks screwing people with crypto or a major exchange hack that affects average Americans, you can be sure regulation will be coming soon.
- bcheung 9y agoThe U.S. Commodities Futures Trading Commission ruled that cryptocurrency is a commodity (not a currency). As such, all laws regarding commodities apply. So it isn't unregulated. The grey area will be where in the use cases where it IS used as a currency. Since it is technically not a currency, is it not subject to currency laws?