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SEC themselves ruled they don't consider BTC and ETH a security and they are currently going after XRP because they consider that to be a security. MtGox has b
by rawtxapp 5y ago
SEC themselves ruled they don't consider BTC and ETH a security and they are currently going after XRP because they consider that to be a security.
MtGox has been dead in over 7 years, I'm not sure how that's relevant today when we have well regulated exchanges.
- cowpig 5y ago> we have well regulated exchanges Are you referring to crypto exchanges as "well regulated"? If so, can you give an example of one that fulfills that description?
- rawtxapp 5y agoCoinbase [1], Gemini [2], Kraken [3]. The ones that don't abide by the rules get shut down very quickly [4][5]. 1: https://www.coinbase.com/legal/faq https://www.coinbase.com/legal/faq 2: https://support.gemini.com/hc/en-us/articles/204734485-Is-Gemini-licensed-and-or-regulated- https://support.gemini.com/hc/en-us/articles/204734485-Is-Ge... 3: https://support.kraken.com/hc/en-us/articles/360031282351-Is-Kraken-licensed-or-regulated- https://support.kraken.com/hc/en-us/articles/360031282351-Is... 4: https://www.bloomberg.com/news/articles/2021-03-12/crypto-exchange-binance-investigated-by-u-s-over-who-s-trading https://www.bloomberg.com/news/articles/2021-03-12/crypto-ex... 5: https://www.theblockcrypto.com/post/84020/binance-blocking-us-users-exchange-email-2 https://www.theblockcrypto.com/post/84020/binance-blocking-u...
- dudus 5y agoI'm guessing Coinbase, Kraken and "Binance US" which is totally not the same company as Binance because that one was banned by the NYAG, it just happens to have the same name and owners but it's totally not the same company. Very well regulated.