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ICN is very close to the characteristics of shares. The big exchanges like Polo tread carefully when it comes to instruments that are share-like as it attracts the regulation of traditional exchanges and requires careful maneuvering. Lesser exchanges that do not care too much about US regulations will list it more easily.
BS every exchange is same here crypto is unregulated and even exchange list it like it was with DAO no one give a fuck to US government.
Even SEC wrote that they can not do anything to crypto companies because this is unregulated area.Just for the record, the SEC recently declined to approve the Winklevoss Twins ETF project PRECISELY BECAUSE they were wanting to sell their Bitcoin ETF in a marketplace that was NOT under SEC regulation!!!
https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf"(Page 2)...Based on the record before it, the Commission <SEC> believes that the significant markets for
bitcoin are
unregulated. ...(page 38) The Commission <SEC> notes that bitcoin is still in the relatively early stages of its development
and that, over time, regulated bitcoin-related markets of significant size may develop....(SEC Footnote 146, page 38)...The Exchange notes, for example, that the CME and the ICE
recently announced bitcoin pricing indexes. See Amendment No. 1, supra note 1, 81 FR at 76666.
In the future, regulated futures or derivative markets might begin to trade products based on these indexes."
REGULATED DERIVATIVE MARKETS EVOLVE FROM NEW, INITIALLY UNREGULATED DERIVATIVE MARKETS.
GO ICONOMI GO !!!well put.
and yes, price moving, whales shaking - moon incoming.
