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/biz/ - Business & Finance

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18463334 No.18463334 [Reply] [Original]

"Central banks push for heavy-duty regulation of centralized, privately-issued global stablecoins and consider prohibiting decentralized ones. Fiat-pegged cryptocurrencies are coming under scrutiny, based on recommendations from the Financial Stability Board."

How bad would this be for the crypto market? There is more volume in Tether than BTC

>> No.18463361

central bank, more like central stank.
The absolute dickheads.

>> No.18463365

oy vey shut it down

>> No.18463400

This is just an excuse for being able to ban the facebook coin. I forgot its name already, wow.

>> No.18463434

>>18463334
anons i'm actually okay with regulation on crypto.
i think it'll get more normies into crypto, thus causing the prices to moon.
also it'll get rid of most the indian and chinese shit coins lol

>> No.18463441

>>18463365
This, kikes are seething

>> No.18463448

>>18463334
its not going to happen. there will be no killing of green shoots during a deflationary collapse.
last time in 2009 we got legal weed + gambling....fuck even uber was pathetic attempt to helicopter money to the plebs.
no cb can afford to cause more deflationary pressures at the moment, thus any business making any sort of money or any sort of public interest will be supported.
we already won. these niggas are our hostages now.

>> No.18463552

>>18463434
You don't understand how detrimental it will be to the crypto markets,If the government ever comes out or approves of such bans we will see massive sell walls

>> No.18463732

>>18463552
That's fine. They're stable coins, not like they can go down.

>> No.18463834

>>18463732
Your brain is still incapable to fathom what it means.

>> No.18464239

>>18463434

>let's take this thing that's great
>shit all over it and remove all the great parts
>this will help adoption

I don't think you understand how a business works. Maybe watch some Gordon Ramsey and understand you're delusional.

>> No.18464299
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18464299

Compliance with coming regulations is going to be the name of the game during the golden bull run. If you know, you know.

>> No.18464309

>>18463434
Kys

>> No.18464333

>>18464299
XRP will go up like no tommorow when this happens

>> No.18464344
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18464344

>>18463434
>I'm fine with crypto regulations banning non coinbase stablecoins
>ZOG ID

>> No.18464362

>>18463434
>anons i'm actually okay with regulation on crypto
Kill yourself faggot

>> No.18464415

>>18464333
lol xrps shills you probably bought at the top
sell your bags cut losses short

>> No.18464659

Man if only we had some sort of purely decentralized digital asset then it couldn’t be banned or confiscated by the government if only...

>> No.18464945

>>18463334
They literally can't ban them.

>> No.18466099

>>18464945
They could sue the providers of the centralized price feeds DAI provides

>> No.18466420

>>18464333
>>18464299
XRP is classified as unregistered security and has been banned for sale in many states and jurisdictions.