Issuing a stablecoin without approval from those regulators could be punishable by up to five years in prison and a $1 million fine.
In Hives case, who would get it? The entire community? :P
Issuing a stablecoin without approval from those regulators could be punishable by up to five years in prison and a $1 million fine.
In Hives case, who would get it? The entire community? :P
Wow! 😲
It never ends!
We all (more than two million people) go to prison. :-D
They don't even know who we are.
What prison? Where? :D
Exactly.
And there's a big world out that wont be affected by US laws.
If anything it is the server that runs the code.
Probably not even that.
Probably the bank that runs the server will get in trouble.
These seem to be more like banking regulations than server regulations.