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Very few examples... Coinbase / Bitstamp / Kraken? People don't realize just how much of a tightrope they are walking on [1]. Serving crypto requires a deliber
by Mengkudulangsat 7y ago
Very few examples... Coinbase / Bitstamp / Kraken?
People don't realize just how much of a tightrope they are walking on [1]. Serving crypto requires a deliberate business pivot [2], and not many are keen. This IMO is the largest hurdle crypto is facing for adoption.
[1] https://diar.co/volume-2-issue-23/#2 https://diar.co/volume-2-issue-23/#2
[2] https://www.sec.gov/Archives/edgar/data/1312109/000119312518329074/d568616ds1.htm https://www.sec.gov/Archives/edgar/data/1312109/000119312518...
- vkou 7y agoI'm talking about fiat exchanges that convert one fiat currency into another, and never touch crypto. They seem to figure out how to operate in multiple jurisdictions... But that's possibly due to the part where they comply with KYC and AML.