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I think bitcoin is a wonderful example. Regulations should scale with volume- clearly Gox wasn't in the "small startup" category, and should've been under more
by mhluongo 11y ago
I think bitcoin is a wonderful example. Regulations should scale with volume- clearly Gox wasn't in the "small startup" category, and should've been under more scrutiny. Also not really a useful comparison, since it's not in the US.
See eg Coinbase's comments on the BitLicense. There's an opportunity to move fintech forward in the US, and actions like this- regulators trying to pad their resume- are stifling.