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> Intentionally broke the law... It's not like there are much laws regulating cryptocurrency markets in the US to begin with. That's the whole point why most c
by WinstonSmith84 3y ago
> Intentionally broke the law...
It's not like there are much laws regulating cryptocurrency markets in the US to begin with. That's the whole point why most crypto companies avoid the US: random enforcements != clarity
But I'm really curious to see whether a large country (e.g. China) or countries union (e.g. EU) is going to provide enough clarity and security as to move the innovation elsewhere from the US.
- ipaddr 3y agoBitcoin mining is banned in China, exchanges are limited to government connected exchanges. Curious to hear from the EU
- EscapeFromNY 3y agohttps://www.cnbc.com/2023/04/20/eu-lawmakers-approve-worlds-first-comprehensive-crypto-regulation.html https://www.cnbc.com/2023/04/20/eu-lawmakers-approve-worlds-...
- misnome 3y agoBullshit. There are plenty of laws, just none specifically tailored to what the crypto companies would like. So, no _new_ laws. They still have to follow the old ones. Not outright breaking them, emailing each other about how much you are breaking them, making memes about how much you are breaking them - yeah, that tends to be pretty well covered.
- WinstonSmith84 3y agoWhich laws are you talking about? The way the SEC is designing some coins as security, while ignoring others is remarkably laughable. The thing is, they clearly don't have a clue. Like, tagging BUSD, a stablecoin as a security, is truly the cherry on the cake.