https://youtu.be/D0V7bnmEoV4
*Regulatory guidance of crypto will need to come from congress.SEC's plan is related to the late platform prosper.com (2005-2011) and that was using USD for peer to peer loans marketplace utilizing myspace and facebook (example: https://www.youtube.com/watch?v=yJx_k2iHkNY ). propser.com was then prosecuted into settlement and cease and desist.
Crypto is worse because it mixes foreign exchange processes and currency into one product; something that is fungible enough to evade some kind of regulation until now.
Have you seen the wolf of wall street? it is a matter of time. But this time, SEC will anger many more voters than it realizes.
No comments:
Post a Comment