Topic: When will counterparty be up and running (from regulatory stand point)? (Read 837 times)
November 08, 2014, 11:25:18 AM
Your welcome
November 08, 2014, 11:21:38 AM
Well, we know anyone can issue a security on there. But if it doesn't have regulatory backing from your state then obviously you won't be able to use it without the risk of getting yourself in trouble. Also if it gets regulatory approval, big names (namely overstock) will list themselves on it. So regulatory clarity and development, will work in the favor of the Counterparty development and XCP currency for the speculators. This explains a little about time frame http://www.counterpartyforum.com/forum/main-forum/24-adam-krellenstein-speaks-about-counterparty
That makes sense. I was aware of the partnership with Overstock, specifically the exchange they are creating. Thanks for the link, I'll check it out.
November 08, 2014, 11:16:23 AM
Well, we know anyone can issue a security on there. But if it doesn't have regulatory backing from your state then obviously you won't be able to use it without the risk of getting yourself in trouble. Also if it gets regulatory approval, big names (namely overstock) will list themselves on it. So regulatory clarity and development, will work in the favor of the Counterparty development and XCP currency for the speculators. This explains a little about time frame http://www.counterpartyforum.com/forum/main-forum/24-adam-krellenstein-speaks-about-counterparty
November 08, 2014, 11:11:35 AM
Maybe things will move quicker than expected?
not sure what you mean. it is up. many are using xcp and their wallet has been available for some time now.
is there something else i'm missing here?
edit: from a regulatory standpoint? what is the expectation here?
November 08, 2014, 11:04:21 AM
Maybe things will move quicker than expected?
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