Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) by individuals with access to nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make far larger profits that a typical investor could not make.
What stock are we trading, I am confused.
Are we trading cryptocurrency or stocks.
If we are trading cryptocurrency the only laws that apply are those that have been introduced recently regarding crypto.
is this right?
"A security is a tradable financial asset. "
So, yes, Any judge would rule that ETH is a security of the Ethereum Foundation, as with Slock.it and the DAO.
You can't fuck around will billions of dollars of peoples money and expect people not to notice.
The banks have been waiting for a good excuse to shit all over crypto, and now we just handed it to them on a silver platter.
I always knew greed would kill crypto, no one gave a shit about making crypto adoptable, all they care about is the fiat dollar value they can place on their coin, stupid
if you know how it works, profit from it
it is not a conspiracy when it is in front of your eyes
I suppose the laws for the ethereum and dao foundations are applicable to the country where they are registered
if not registered to any country, there is no illegal activity, is that right
the financial institutions know full well how valuable a blockchain is and the inherent crypto with it. They will save trillions by moving their existing legacy systems onto a blockchain.
not just that you can make 10 times as much trading crypto, increasing transaction fees and any applicable interest rates that come along with bank services and faster