The crypt needs to be regulated, or a New advertising campaign exchange Gemini
Source:In a new ad campaign cryptocurrency exchange, Gemini, which in 2014, was founded by the Winklevoss twins, calls for better regulation of Cryptoprotected. The posters on taxi and in the new York subway with the slogan «the Crypt needs to be regulated» how to create the impression that the marketplace already provides the relevant regulatory requirements of the stock exchange. In addition to this slogan, you can also find «money has a future» and «Cryptoprocessor without the chaos».
The Head of marketing at Gemini Chris roan spoke with the Wall Street Journal.
We believe that investors who come to cryptoprotection should have the same level of protection as investors in the traditional markets. The exchange must adhere to the same standards, practices, regulations and compliance.
Some members of Cryptoprotected have already spoken out against this ad as AML, KYC and other security measures contrary to the fundamental principles of cryptocurrency.
Rules like mathematics? Sure. Crypto needs that. Rules like "KYC AML licencing taxation regulations Patriot Act bullshit?" No. Crypto doesn't need that.
— Nick Foley (@BookofNick)
The Mathematical rules? Of course, the crypt is needed. Type rules KYC, AML, BitLicence and other crap? No, this crypt is not necessary.
Educational blockchain platform Kryptic Nation said on Twitter that exchanges like Gemini I regulation «the same people and the leaders of the cartels that plague ordinary users for many years. These posters sadden us».
Director, initiative for digital currencies at MIT Media Lab neha Narula told the WSJ that the rules apply to Cryptoprotected unevenly.
There is a huge problem in terms of market integrity and consumer protection, so we have to make sure that the rules are followed where they are applicable.
Also, according to Narula, excessive regulation can stifle innovation, if compliance will cost companies too much.
As Cointelegraph writes, in an attempt to rid cryptoprotection from heavy legal framework American legislators have made in the House of representatives a bill entitled the Law on the taxonomy tokens. The act needs to withdraw tokens from the definition of securities and to provide a new definition for scriptaction. More data to search for .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
BitMEX CEO: Bitcoin is still just an experiment, but he clearly has a future
is not the first step to digital money. It was up to him and DigiCash in 1990, and then the electronic version of the gold E-gold and, of course, Liberty Reserve, which allowed to convert us dollars and euros in electronic money....
Cheaper no fee for the transfer of bitcoins dropped to the lowest level in the last three years
a Couple of months ago about this could only dream of, but now the transaction fees of Bitcoin fell to a minimum over the last three years. Cryptocurrency holds above $ 3,000, while every day around it accumulates more and more po...
Anonymous inventor made it to the ranking of the most influential figures in the global financial system. Now Satoshi Nakamoto affects the world even more than mark Zuckerberg, Kristalina Georgieva, or Paul Krugman. The portal Wor...
Legendary American investor wants to invest in Bitcoin. What is the reason?
a well-Known investor Gary Shilling believes Bitcoin «black box», and prefers to stay away from cryptocurrencies. In an interview with Business Insider, a financial analyst noted that digital assets too «murky and c...
ETF on Bitcoin divorce from wall street? A fresh look from the managing partner NobleBridge Wealth
Tyrone V. Ross, Jr. is the managing partner in NobleBridge Wealth & Asset Management Services. In an interview with Naomi Brockwell he told about the ETF , which is still pending approval. The expert noted that to hold coins ...
Analyst: Bitcoin will find its bottom in the range from 1800 to 2400 dollars
recently, the famous cryptanthus Tony Weiss took part in another public debate. This time the discussion was attended by the cryptanalyst and the economist Murad Makhmudov. The experts discussed the current state of the market and...
Bitcoin investors remained bullish sentiment. What is the explanation?
According to DailyFX, four of the five Bitcoin investors maintain long positions on the main digital asset . These results directly contradict the falling price of Bitcoin over the past few months. At the moment from November of 2...
Savings: after the transition to PoS network Ethereum will consume a hundred times less resources
will switch to Proof-of-Stake in the future. Update cryptocurrencies will reduce the energy consumption of the miners about 99%, a hundred times. Recall, many opponents of kriptonyte often cited as the main drawback of digital as...
BitTorrent launches native token based on TRON. Waiting for growth?
peer-to-Peer torrent client BitTorrent has launched its own BTT token-based Protocol . As stated in a press release on Cointelegraph, users can share a token to increase the speed of the network, and faster file downloads. This is...
Share in herate Bitmain Bitcoin dropped to 25 percent. Industry will face a major reshuffle
According BTC.com the Chinese giant kriptomayning Bitmain has lost a significant portion of its herata on the background of depressive cryptogamy. Now the share of computing capacity in the shared network is only 24.8 percent. Alt...
Why did the stock market drop is good? Expert opinion
Analyst Fundstrat Tom Lee recently gave an important warning in the show Fast Money on CNBC. According to experts, stock markets are now experiencing not the best times — season report profits looks pretty «dull», and th...
Down again: Litecoin fell below the local line of support. What's next?
Beginning of the year 2019 did not bring us any serious movement on the charts of crypto. The bulls of the last forces trying to defend their position, but so far their efforts do not bring significant fruit. Looking at the chart ...
Bitcoin represents the worst losing streak in 7 years. Are there any prospects?
in December, has experienced its longest losing series for the last seven years. The first cryptocurrency closed the year on December 31 at the level of 3689 dollars, which resulted in a 13 percent drop from the level of 4241 dol...
Bear market has knocked down many of captainvalor and related cryptocurrencies, the company which struggled hard to remain profitable. Major players in the cryptocurrency space — to captaincursor — the decline in income, shutting ...
4 key events for Bitcoin in 2019. What are they?
Sad for cryptocurrency 2018 is finally over. Now it's time to think about what's in store for us in 2019. Put a mark on the calendar, cross your fingers and wait for important events that can have a huge impact on the price this y...
The Bitcoin Private hardwork will be held tomorrow. How to prepare for the procedure?
Tomorrow will be one of the most important events in the history of Bitcoin Private — BTCP will go through the procedure hard forks. A detailed list of changes given to developers. Hardwork is activated on the 500 block of 455 coi...
Bitcoin will inevitably become the new world reserve currency. Forecast Max Keizer
held the first edition of its show in the new year. In it, he talked about the importance deglobalizing detalizirovannoi over the world . One of the catalysts for the erosion of the hegemony of the US dollar is likely to become t...
Definitely not a Scam: more than 50 percent Hasrat Bitcoin Cash controls one pool
Centralization has reached a new level — now half Hasrat cryptocurrency controls only one pool. According to experts CoinDance, mining pool BTC.TOP today responsible for 50.2 per cent Hasrat BCH. Its total capacity is 679 peachesa...
Comments (0)
This article has no comment, be the first!