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Or you just can't exchange crypto currencies against dollars because the finance industry is already regulated and has to follow the rules.
by kenniskrag 6y ago
Or you just can't exchange crypto currencies against dollars because the finance industry is already regulated and has to follow the rules.
- bdcravens 6y agoAll really has to happen is to make ACH transfers to cryptocurrency exchanges illegal. Banks will very happily comply with blocking those transactions.
- krageon 6y agoYou could just buy and sell them for cash, you don't need banks for that
- kenniskrag 6y agoDepends on the country but if you exchange money you have to comply with regulatory rules.
- krageon 6y agoRules are only interesting when it's likely that you can be forced to follow them. In this case, they're not germane.