Re:“But the SEC let us go public” and other flawed arguments...
by JumpCrisscross on Tuesday June 13, 2023 @12:49AM
(#36305487)
> has publicly stated that they have contingencies in place for moving offshore if it's economically unviable to be headquartered in and/or serve the US market
They should go. Crypto has a niche outside major economies and developed countries with the rule of law.
If you go back to the 1930s, bankers said the same (as they did again in the late 90s). Turns out freewheeling fraud isn’t a determinant for financial centrality. Worst case we can revisit if London or Singapore find a way to make this work, given they’re rapidly approaching being the only major economies who will stomach this nonsense.
They should go. Crypto has a niche outside major economies and developed countries with the rule of law.
If you go back to the 1930s, bankers said the same (as they did again in the late 90s). Turns out freewheeling fraud isn’t a determinant for financial centrality. Worst case we can revisit if London or Singapore find a way to make this work, given they’re rapidly approaching being the only major economies who will stomach this nonsense.