Conversation
2) Some of the main goals that crypto regulation needs to serve are:
a) Customer and investor protection
b) Market integrity
c) Preventing financial crimes
d) Systemic safety
1
3
22
3) Areas for regulation:
a) Stablecoins: creating a registration/transparency/audit regime on assets
b) Token issuances: a paradigm for digital assets with security-like properties
c) Markets: unified frameworks and cross margin for spot/derivatives
1
2
19
4) We think that a registration and transparency regime for stablecoins would address most of the worries while keeping their utility.
Stablecoins are one of the most promising parts of crypto: for payments, settlement, etc.
Replying to
5) Such a regime could:
a) mitigate reserve volatility risk by regulating which assets can back a stablecoin and potential risk haircuts on them, and mandating transparency and audits
b) ensure customers can cash out
c) blacklist address associated with financial crimes
8
4
37
Replying to
$CRDT regulated stable coin solves this. When do you plan to use it on your platform. I guess that’s what your partnership is all about ?
Replying to
Agree the thing here is not ftx it’s the 1:1 ratio that these stablecoins allegedly should have … and theter clearly doesn’t have 70 billion sitting in any bank account ….
Show additional replies, including those that may contain offensive content
Show