I am fairly new to crypto, and am realizing that New York state sucks to live in to make any substantial moves in the crypto market.Sure, I have Coinbase, but I can't buy or sell half the crypto on the platform. Crypto lending to build interest? Nope. Support for a variety of Crypto platforms? Nope.Bitlicenses are so restrictive here. I get that the market needs to comply with regulations but come on, I just want to use my crypto to its full advantage. Instead New York state charges so much for their licenses, and require so many checks that it is not even worth it for many Crypto platforms.New York would have such a great market if they just lessened the restrictions. Obviously easier said than done, but I guess the NYSE is more important than anything to them. I'd love to find a place to voice my concerns about this to the state, not that I will make a difference.I just want to invest in a growing market that could be the future of finance, is that too much to ask?End rant.
Submitted May 11, 2020 at 05:18AM
No comments:
Post a Comment