Positive updates from Brian Brooks at OCC during Trump’s time?

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im_whaleMember
Posts: 13 · Reputation: 186
#1Jul 29, 2020, 01:21 PM
We’re really focused on getting this right. We don’t want to kill the vibe, and it’s just as crucial to build the infrastructure for Bitcoin and other cryptos as it is to stop money laundering and financing terrorism. I believe there’s gonna be a ton of good news for crypto before Trump’s term wraps up. Some of it will involve banks linking up with blockchains, plus we'll see more clarity on what these assets really are. Hopefully, this hints at some good news in the pipeline.
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fox_byteHero Member
Posts: 478 · Reputation: 2370
#2Jul 29, 2020, 07:25 PM
The definition of good news varies according to what a person wants from investing in bitcoin, so accepting Bitcoin in financial systems necessarily means subjecting all transfers to verification of identity and criminalizing the anonymous use of these currencies or at least setting minimum limits for the identity request with full tax disclosure, which is against the decentralized nature For these coins. Also, accepting it legally means reviewing prices and fluctuations, which may not push the price up much, which is something that will make many people not invest in it, especially since a part of them aims to make profits.
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