2026-04-22 15:30 UTC
There's no (good) reason *not* to apply these legal frameworks to the crypto industry - but there are plenty of *bad* reasons not to. The most obvious reason not to apply those regulations is that you are on the same side as the pump-and-dumpers, money launderers and stock swindlers. The reason we struggle to regulate fintech is that *we just don't want to*.
7/
Replies (1)
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@pluralistic@mamot.fr 2026-04-22 15:30
Then there's Uber, which claimed that it wasn't a taxi company, it was a "transportation network company," which meant that none of the regulations we apply to taxis should apply to Uber. To call this a transparent ruse is to do great violence to the good, hardworking transparent ruses putting in the hard yards to run honest scams. 8/