BitShares Forum
Main => General Discussion => Topic started by: BunkerChainLabs-DataSecurityNode on September 18, 2015, 08:09:05 pm
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This just in.. the regulation hammer just dropped on Bitcoin!! The Commodity Futures Trading Commission (CFTC) officially has categorized it a commodity which makes it subject to all laws surrounding commodity trades:
http://www.bloomberg.com/news/articles/2015-09-17/bitcoin-is-officially-a-commodity-according-to-u-s-regulator
Coinflip got pinched with many more in their cross-hairs now.
Centralized exchanges would be smart to follow OpenLedger and BunkerDEX onto the BitShares DEX :)
Anybody else still want to keep their balances in centralized exchanges?
What do you think this means to BitShares if anything?
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It just got much harder to run a crypto company.
Unless you're distri-buted and auto-matic and of course, public. I'd say we're 3 for 3.
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I wonder if this ruling has any impact on bitshares gateways' operators, especially those dealing with btc exchanges.
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I wonder if this ruling has any impact on bitshares gateways' operators, especially those dealing with btc exchanges.
I think it will affect BTC trades in some way.. but I don't think this new direction can be applied to bitshares.. not yet. Bitshares is a whole other animal.
The one thing great about this is that people are starting to understand the difference between bitcoin and blockchain.