I would like to use this opportunity right now to call on the investment community and the advocacy
community around digital currencies to create some type of self - regulatory organization that can develop standards around cyber policies, data retention, record keeping, financial records obligations, insider trading, ethics, codes of conduct.
«Between now and when Congress chooses how to act... between exchanges and spot market regulation, I'd like to use this opportunity to call on the investment community and advocacy
community around digital currencies to create some type of self - regulatory [organization], to develop standards around cyber policy, insider trading, ethics, codes of conduct,» he said, adding that self regulation has a strong history in our markets.
Not exact matches
«The main issue with Bitcoin itself is that the
community around it right now is kind of too polarized,» Karpelès says, citing the split between Bitcoin and Bitcoin Cash over a disagreement in how best to scale the
digital currency.
So far, the question of how to increase bitcoin's throughput (right now
digital currency only handles
around seven transactions per second) has divided the
community.
Agreeing with Taaki, the creator of Ethereum cautioned cryptocurrency enthusiasts that every
digital currency is susceptible to the same problem of its
community being solely interested in «sloshing
around hundreds of billions of dollars of
digital paper wealth.»