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RE: Goldman Sachs takes a step closer to world domination, Binance slashes some fees and out comes the "Bitcoin for Kids" book
Thank you, you summarized all nicely. I am fairly sure that Wall Street whales have been in cryptos for a while and playing both sides, like they have done in other markets. And as the cryptocurrencies get more regulated, they have more and more "legit" and direct ways of raking in the profits from these markets.
So true and inline with your comments on more reg, more legit..... I have heard (and you likely have as well) that Circle has briefed the SEC that they will begin the process of registering Poloniex as a new entity with the SEC and FINRA as a B-D and in turn as a licensed ATS. They will be the first. In tern the SEC was favorable and indicated that they would not pursue any enforcement actions for prior activity. This may be the template going forward.
Huh, thanks, i hadn't heard of that yet. Appreciate it.