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Thursday, December 1, 2022

[New post] Moneyness: Let’s stop regulating crypto exchanges like Western Union

Site logo image From the Outside posted: "J.P. Koning offers an interesting contribution to the crypto regulation debate focussing on the problem with using money transmission licences The collapse of cryptocurrency exchange FTX has been gut-wrenching for its customers, not only those who used it" From the outside

Moneyness: Let's stop regulating crypto exchanges like Western Union

From the Outside

Dec 1

J.P. Koning offers an interesting contribution to the crypto regulation debate focussing on the problem with using money transmission licences

The collapse of cryptocurrency exchange FTX has been gut-wrenching for its customers, not only those who used its flagship offshore exchange in the Bahamas but also U.S. customers of Chicago-based FTX US.

But there is a silver lining to the FTX debacle. It may put an end to the way that cryptocurrency exchanges are regulated – or, more accurately, misregulated – in the U.S.

— Read on jpkoning.blogspot.com/2022/11/lets-stop-regulating-crypto-exchanges.html

Tony - From the Outside

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