/biz/ - Business & Finance

>>22460855
kek

>>22460401
HAHAHAHAHAHAH

IYKYK

>>22436085
2018 article: https://finance.yahoo.com/news/stellar-lumens-cryptocurrency-approved-trading-142858528.html

The approval of Stellar Lumens--now the seventh or eighth most valuable cryptocurrency with a market capitalization of more than $4.3 billion--is significant, because it signals that regulators don’t view the virtual currency as a security (akin to a stock or bond), a dreaded designation which would require registration as a broker-dealer with the U.S. Securities and Exchange Commission.

“That's why we've added them to the exchange,” Chad Cascarilla, co-founder and CEO of itBit’s parent company Paxos, told Fortune. “If they were a security, you'd have to go through a different process.”

Lumens were created by a company called Stellar, founded in 2014 by Jed McCaleb, who also started Ripple and the now-defunct Bitcoin exchange Mt. Gox. With funding from payments company Stripe, Stellar’s blockchain (or distributed ledger) technology is now used by companies from messaging startup Kik to , which uses Lumens to send payments between countries in the South Pacific region.

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>>22413921
caught some fishies today gentlemen