U.S. SEC sees decentralized crypto platforms as exchanges
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Re: U.S. SEC sees decentralized crypto platforms as exchanges
#2Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry...
The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the US Dollar and banking system will be supported.
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#3Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Hasn't the CCP been pretty adversarial to cryptocurrency?
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#4Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Hasn't the CCP been pretty adversarial to cryptocurrency?
Depends on if you mean officially or unofficially, from what I can gather.
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#5Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Since Russia has lots of energy, maybe they can use it to settle transactions?
Meanwhile Visa keeps on clearing incomparably more (by “several orders of magnitude”) encrypted transactions per second globally for miniscule energy?
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#6Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Hasn't the CCP been pretty adversarial to cryptocurrency?
China has outright banned it at various times. USA has taken legal stances against things like tornado cash, but never anything close to the broad strokes of banning that the Chinese government has done. If anything the slowness and deliberateness of USA regulators to respond has enabled the entire worldwide crypto economy to flourish.
So China is now going to "roll out the red carpets" for crypto exchanges? Yeah right.
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#7Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Hasn't the CCP been pretty adversarial to cryptocurrency?
CCP doesn’t want crypto due to risk from capital flight and monetary control in China. Hong Kong has no such risks given its freer capital control. The only thing non-free that CCP care is speech.
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#8[deleted]
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#9Meanwhile Hong Kong is rolling out the the red carpet https://www.wsj.com/articles/hong-kong-banks-are-netting-cry... The crypto industry is extremely adept at moving across borders, and as power politics between nations dictate different priorities, crypto will make its home base where ever the doors open. Right now China and Russia are in a West vs. East struggle, and anything they can do to reduce the power of the…
Hasn't the CCP been pretty adversarial to cryptocurrency?
When used by their own citizens.
Re: U.S. SEC sees decentralized crypto platforms as exchanges
#10Earlier quoted context omitted.
Hasn't the CCP been pretty adversarial to cryptocurrency?
China has outright banned it at various times. USA has taken legal stances against things like tornado cash, but never anything close to the broad strokes of banning that the Chinese government has done. If anything the slowness and deliberateness of USA regulators to respond has enabled the entire worldwide crypto economy to flourish. So China is now going to "roll out the red carpets" for crypto exchanges? Yeah rig…
> So China is now going to "roll out the red carpets" for crypto exchanges? Yeah right.
The "this is good for bitcoin" crowd never ceases to entertain.