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RE: LeoThread 2023-02-20 14:27

in LeoFinance2 years ago

Hong Kong is tightening regulation for crypto exchanges, trading license is mandatory or closure is imminent.

https://www.coindesk.com/policy/2023/02/20/hong-kong-proposes-rules-for-crypto-trading-platforms/

#crytonews

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And Justin Sun filed to get Huobi regulated there.

#cryptonews

He did that out of the fear of losing billions. haha

Good. It's about time these centralised exchanges bit the dust. Long live #Dex's!

Sat Nam

Ps. Will you help me spread some #dlove on #threads?
https://leofinance.io/hive-167922/@atma.love/lets-choose-dlove

Cryptocurrency is supposed to be People's Money. Let the exchanges have fun with their stocks, options, derivatives, and other exotic "products"; we'll go with crypto.

Yes, it is, but what about controlled markets scolded by governments, how can a real use case emerge if government does not allow crypto market to flourish?

P2P trade is the most important use case there is. As long as people are willing to use some medium of exchange, ways will be discovered or improvised to make it happen. Convicts and prisoners of war found ways to trade; so can we.

Valid argument. !PIZZA