As a matter of personal belief I don't think crypto miners/node maintainers should have to register as dealers, but the level of freakout feels disproportionate to me... How many of you actually have racks of asics/GPUs cooking on US soil? Most hashrate isn't US based anyway
-
I think the implications for defi are a little scarier, considering that some of the biggest ~decentralized~ projects have entities behind them which are backed by US VC's
Yeah that's fair, but presumably a DEX node maintainer probably ought to be a broker dealer?
-
-
Well the typical dex just runs on the same blockchain as everything else so the node maintainers are just the miners/validators, but whether the dex programmers qualify as broker dealers is an interesting debate.
-
On one extreme you have like: I put some order book code on GitHub and then some unrelated person hosts it on their website and people start trading securities on it. I’m probably not a broker dealer.
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.