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SEC and CFTC Statements for Tomorrows Hearing
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Poast new message in this thread
Date: February 5th, 2018 3:37 PM Author: marvelous indian lodge
SEC
https://www.banking.senate.gov/public/_cache/files/a5e72ac6-4f8a-473f-9c9c-e2894573d57d/BF62433A09A9B95A269A29E1FF13D2BA.clayton-testimony-2-6-18.pdf
CFTC:
https://www.banking.senate.gov/public/_cache/files/27383474-9469-49fc-88cc-f72f87b3e8ae/4E99130D460703D93EE34348CD2715C5.giancarlo-testimony-2-6-18.pdf
TL;DR: "Exciting piece of technology, no ban, just be careful out there."
Conclusion
We are entering a new digital era in world financial markets. As we saw with the
development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies
mark a paradigm shift in how we think about payments, traditional financial processes, and engaging
in economic activity. Ignoring these developments will not make them go away, nor is it a
responsible regulatory response. The evolution of these assets, their volatility, and the interest they
attract from a rising global millennial population demand serious examination.
With the proper balance of sound policy, regulatory oversight and private sector innovation,
new technologies will allow American markets to evolve in responsible ways and continue to grow
our economy and increase prosperity. This hearing is an important part of finding that balance.
(http://www.autoadmit.com/thread.php?thread_id=3883864&forum_id=7",#35330926) |
Date: February 5th, 2018 3:41 PM Author: Trip jade lodge
Haven't read but this should be good news for the market to keep frauding along lol. But given how this market is filled with giant vaginas, I'm sure people will still freak.
Oh no, a regulator made a statement!
(http://www.autoadmit.com/thread.php?thread_id=3883864&forum_id=7",#35330960) |
Date: February 5th, 2018 3:54 PM Author: marvelous indian lodge
"“Do no harm” was unquestionably the right approach to development of the Internet.
Similarly, I believe that “do no harm” is the right overarching approach for distributed ledger
technology."
BUYBUYBUY
(http://www.autoadmit.com/thread.php?thread_id=3883864&forum_id=7",#35331096) |
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