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This: “They now have a map” Regulators won’t generally tell you how to comply with a rule, often because they don’t know. So you force them to make a ruling
by sirspacey 5y ago
This:
“They now have a map”
Regulators won’t generally tell you how to comply with a rule, often because they don’t know.
So you force them to make a ruling and then have a proprietary roadmap.
What was learned in those meetings by both parties is a huge moat.
In the end, the SEC just got a hefty pay day for doing their job.
- pranavjoneja 5y agoHow is this a moat for BlockFi? Why can't a competitor do exactly the same thing as BlockFi without paying the $100M fine? Asking this question earnestly because I actually want to know more.