An Open Letter to President Trump on Crypto

Written by FrederikBussler | Published 2019/07/22
Tech Story Tags: crypto | cryptocurrency | security-tokens | fintech | latest-tech-stories | hackernoon-top-story | donald-trump | security-token | web-monetization

TLDR Many US citizens are active traders of crypto, which, as you aptly note, is highly volatile, not backed by any assets, and not well-regulated. The reason for the lack of regulation is simple — crypto is, by design, not meant to be easily regulated. However, there is one form of crypto asset that I hope does not fall into the same legislative category as cryptocurrencies. Security Tokens set out to make it easier to comply with regulations, and as they are securities, they are backed by equity, debt, or real assets.via the TL;DR App

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Written by FrederikBussler | Published author and writer.
Published by HackerNoon on 2019/07/22