Eric Geller

@ericgeller ↗

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Last Checked March 17, 2022

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Wed Aug 04 13:05:47 +0000 2021

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Eric Geller @ericgeller

What regulations are we talking about? Some examples: * "Know your customer" (collect info on users; helps police ID hackers) * "Travel rule" (sharing info b/w exchanges) * Report transfers to private wallets (helps spot potential illicit activity) https://t.co/lNRrhVVoLp — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated

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Eric Geller @ericgeller

Major ransomware attacks have generated new interest in cryptocurrency regulation. @IST_org's ransomware task force recommended regs as one part of the solution: https://t.co/OlVgAMsKGD And @SenWarren recently cited hacks as a reason for regulation: https://t.co/5PQPxVOT0G — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated

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Eric Geller @ericgeller

But here are some of the challenges: * Regulatory maturity varies widely, w/ more-developed countries outpacing less-developed ones * Countries disagree and some laws conflict * Tech like privacy coins, self-hosted wallets, & decentralized exchanges helps hackers evade oversight — PolitiTweet.org

Posted Aug. 4, 2021 Hibernated