Recent announcements from the SEC could trigger a dramatic shift in the culture of crypto-trading. What was once inclusive and non-geological will now involve lawyers, new risks, and nationalism is slowly being brought into crypto via regulators. Asking traders, what do you think the result will be if:
- Only regulated exchanges exist (BTC-E and all similar exchanges shut down).
- All regulated exchanges treat crypto tokens as securities due to legal reasons.
- Only accredited investors are allowed to trade crypto tokens.
- The IRS insists on the most draconian tax interpretation possible.
If all the above happens what will the crypto trading landscape look like? Is it the end of the golden era?