even if SEC comes raining down hell on exchanges, it will not bring any value on the long term. Decentralized exchanges are popping up like flies, each new one being more close to the "fully decentralized" concept (see idex, etherdelta, radarrelay, anything 0x related, etc).
It is very clear to me that SEC has no idea how any of this works under the hood and does not understand in which way the crypto ecosystem is headed. I feel like they ought to work more tightly with the industry's thinkers in order to create some more meaningful guidelines.
It is very clear to me that SEC has no idea how any of this works under the hood and does not understand in which way the crypto ecosystem is headed. I feel like they ought to work more tightly with the industry's thinkers in order to create some more meaningful guidelines.