SEC seat happy to see the security sold on the Oonit-Chain – But what does it mean for your Bitcoin Wallet?
Today, in the media market after his or her media comment in SEC-CFTC rotation in synchronization of synchronization, but the US Paultins chairman has expressed the delivery of tomondies or prophets they will trade.
The latter can be very important for Bitcoin lovers, because the wallets that you use safely in the groundwail will probably require information, and such a law can spend the Bitcoin wallets.
So, I asked the chairman where the Security came to an – Chain that looked at him: Was it look like the faithful platforms and Charles Schwab to use back background transactions?
Didn’t answer my questions directly.
Instead, he began sharing the safety trade in blockchains to reduce the settlement time.
“The best thing about tokens [is that] You can pay and exchange real estate online at the same time – Zero, fast consent, “The Atkins chairman told me.
And he followed this statement and another relating to the old language.
“Therefore, maybe we will need to develop speed speed to make sure we do not have any mistakes or fence expense in the wrong place,” said Chairperson. “We will be active in the following year or two to try to find when we have beautiful Guardrails around the program.”
Words like “Speed Bump” and the “Guardrails” causing alarm claws, as they show a certain control system, and where there is control, is often the existence of KYC.
If Tokozed plants keep trading within the enclosed gardens of traditional brokerers, then the issue of the KYC is not so, as these platforms are already all their customers.
The matter is more critical if the security received can be sold through protocols as a wallets such as metamask and trust wallet, which will be required to the KYC their users.
If this happens, it urges the following questions: Does this result in all Crypto Wallets in their users? Will this rule keep bleeding in the yard bittcoin-only wallets?
Based on my communication and chairman, I learned the idea that she had the answers to these questions. That is, he wasn’t so much as he seemed to know exactly what a broad wide picture was right now, as he expected Congress to do something.
Much in relation to Crypto market management in the balance as the network discussions and revise legislation (clarification), payment of digital asset. The Chairperson said he was aware of the clarity as he works his way in the process of law.
“There is an act of market shape we have removed the house and now [being discussed] “He told me,” he said. We will see what is happening. “
Bitcoin magazine will follow atkins Chairpots in this magazine there and when the clarity passes.
In the meantime, if you want to protect your right to use Bitcoin Wallet privately and certainly, be sure to communicate with your selected officials as part of the Sotch.
