Massive Disruption....that matters
Europe : Mandatory 2 year prison sentence for operating unlicensed crypto exchange going forward. No Extensions. No Grace.
Only 17% of thousands of pre-MiCA registrations actually received licensing.
41% of 18.5 million crypto app downloads in Europe - in just the past year - went to unlicensed exchanges. That's 7.6 million users that face account freezes and forced migrations , beginning this week.
For those who have asked about Regulatory Moat and why does it matter? You have giant exchanges like Binance and stablecoins like USDT that as of right now cannot transact and play in the massive EU crypto sandbox.
It takes visionaries and the proper compliance people and framework - not just scale. Binance in Europe a great example but so is Blackrock choosing Securitize in the US as a licensed tokenization platform. They certainly have resources and political connections to try it in-house - at least you would think so - they partnered up- not that easy to build AND get licensed.
Securitize has their much anticipated IPO this week in the US. They were struggling to raise capital and stay alive just over a year ago.
There will be massive tokenization activity on-chain, BCG (Boston Consulting Group) estimates $88 Trillion by 2030, that needs the proper framework and/or partnerships with licensing to achieve these outcomes. We recently posted here in "Beyond Reward Pools" - the vision and team behind Revolution has these assets, fully licensed in place, in the US and EU, when all of a sudden it really matters.
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Joseph Hagan
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Massive Disruption....that matters
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We unite individuals, creators, and communities—to elevate ownership and learn how to monetize the blockchain with participation not speculation.
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