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RE: Why the Digitex Futures/Plasma Partnership is Important for Crypto
Hey Block. Good article.
As usual, my concerns about everything crypto-related is whether they're real-world compliant. There's a lot of delusion in crypto-land that they, the Masters of the Universe, are going to teach the government a lesson.
No they're not. Here's an article demonstrating that courts don't care about the conniving of crypto-arrangements meant to avoid jurisdiction or regulatory oversight. The SEC/CFTC/IRS have been dealing with all this stuff for decades respecting offshore companies/trusts, etc.
https://bitcoinist.com/decentralized-exchanges-cant-escape-the-sec-warns-its-cyber-chief/
Proposed CryptoCurrency Anthem
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Quill
I totally agree, Quill. Of course, the onus to pay one's taxes is on the individual. There are news reports every day on SEC investigations, lawsuits, and other government actions on individuals, exchanges, and ICO projects. All you have to do is read any issue of Blockchain Times and you'll see. In today's episode, for instance, there are 3 such stories in the U.S. alone.
#theclashrules