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> In response to new guidance from the Commodity Futures Trading Commission, we are disabling our margin trading product. As other articles mentioned, which un
by vmception 6y ago
> In response to new guidance from the Commodity Futures Trading Commission, we are disabling our margin trading product.
As other articles mentioned, which unspecified guidance?
Anyway, don't really care about whether margin is available or not on spot assets, good luck with that. Stay solvent and liquid!
- arcticbull 6y agoBut then how will the casino function? No leverage means a bad time for the problem gamblers keeping the price propped up. I suppose they can always buy some Tether from Bitfinex - assuming their bank still accepts deposits (lol).
- vmception 6y agoThere is plenty of permissionless leverage onchain in defi platforms and insurance coverages
- arcticbull 6y agowhew got worried for a second there haha
- vmception 6y agoThe reserves are more transparent than exchanges with insurance coverage. I embrace that. There is nothing sarcastic about it to me.
- arcticbull 6y agoI recognize that and as per usual I disagree with you but I respect and appreciate both your opinion and your willingness to share it with me. I always appreciate my opinions being challenged, and acknowledge that they are simply my opinions. Any perceived sarcasm is meant as banter and not disrespect :) a tough line on the internet I'll acknowledge, hence this reply. I will also say that yes transparency in these matters is a strict improvement over the status quo so we can certainly agree on that.