Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ...
by dragonwriter on Friday March 10, 2017 @06:35PM
(#13843089)
> You'd need to force all the unregulated exchanges to close down
No, you'd just need for the regulated exchanges to control a substantial share of the total volume of trade, which could happen by shift in trader preferences, unregulated exchanges becoming regulated, or, yes, unregulated exchanges shutting down.
No, you'd just need for the regulated exchanges to control a substantial share of the total volume of trade, which could happen by shift in trader preferences, unregulated exchanges becoming regulated, or, yes, unregulated exchanges shutting down.