The Regulators are coming for Bitcoin!! Which means the fight you stage has officially begun! Steve Mnuchin, Treasury Dept., FinCEN, SEC & the CFTC have been queitly annoucing clear regulations are coming. Will they be good? Will they be bad? Today Chico Crypto analyzes the current regulatory climate for cryptocurrencies, with a case study of Ripple XRP, and how this will affect the future of the crypto markets.
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⏰ Time Stamps ⏰
00:08 Introduction: Leaving You In Awe…Knuckehuck….
00:45 Snoochie Boochies aka Steve Mnuchin
02:57 What This Means???
3:53 Who Are Involved With US Crypto Regulations??
04:22 FinCEN, SEC & CFTC & The Bank Secrecy Act….
06:26 Ken Blanco, FinCEN & Chainalysis
08:04 FinCEN Guidance Documents & CVCs
09:13 What Law Firms Have Said About FinCEN Guidance
09:58 Chico Crypto Clarity of Regulations? The Travel Rule….
10:51 Da Ripple XRP & FinCEN….
12:11 The Remedial Framework of XRP by FinCEN
13:00 XRP Fights Back? Gatehub & The UK
13:41 The Overhaul of The XRP Ledger
14:18 AML/KYC Across Entire XRP Protocol & The Travel Rule
14:58 The Electronic Funds Transfer Act & Remittances
16:17 Concluding Thoughts?
16:51 Outro
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https://www.youtube.com/watch?v=jxzTiE1suPE
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
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