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Libra is run by a small group of nodes that have to pay $10 million dollars to get into the consortium. You just fine those companies and seize their assets un
by narrator 7y ago
Libra is run by a small group of nodes that have to pay $10 million dollars to get into the consortium. You just fine those companies and seize their assets until they shut down the network or obey the regulations.
- alacombe 7y agoIt's not illegal for a company operating in country X to own assert in country Y which would otherwise be illegal in company X. At worst, company X move its headquarter, delegate ownership to a subsidiary, etc.
- w0de 7y agoYANAL. It certainly could be illegal, depending on the law. For instance, it is illegal for American companies to pay bribes in foreign countries (https://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act https://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act)