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Re:Bitcoin Cash deals frozen as insider trading is probed by FLUX-YOU on Wednesday December 20, 2017 @02:12PM (#15972744)
Coinbase is in the USA, which makes it fall under the SEC, but Gemini (which all of /r/bitcoin is apparently moving to) isn't -- it's in Canada and the UK.

That's what makes regulating bitcoin hard. It soon becomes a diplomatic problem.

And there's nothing that these agencies can do to stop the actual wallet-to-wallet transfer short of nuking all miners or knee-capping and getting your private key. So even if you were found guilty, you could conceivably flee the country along with a ton of currency.

Regulation is meaningless without the actual threat of enforcement. It means all exchanges can pick up and move to more friendly countries.

Re:Bitcoin Cash deals frozen as insider trading is probed by proofofanalysis on Wednesday December 20, 2017 @03:15PM (#15973358)
Gemini Trust Company, LLC is a New York trust company. Gemini is regulated by the New York State Department of Financial Services (“NYSDFS”).

Source: https://gemini24.zendesk.com/hc/en-us/articles/204734485-Is-...