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I could see it being the case that this could be in part problematic because it could interfere with their anti-theift/fraud mechanisms. If you are mandated by
by piracy1 6y ago
I could see it being the case that this could be in part problematic because it could interfere with their anti-theift/fraud mechanisms. If you are mandated by law to pay out the full amount immediately with no strings attached. An attacker could (idk much about to futures markets so maybe I'm wrong) make a super short term trade that forces them to take possession of the coins as a way to bypass withdrawal security.
- Animats 6y agoThey actually got the CFTC to allow 28 days for settlement. Some of the other players, such as Gemini, wanted 2 days. If Coinbase can't live with 28 days for settlement, it's because they don't want the money leaving their control.
- piracy1 6y agoOhhhh, that's a telling tidbit, thank you.