I'm starting to assume malice rather than stupidity when it comes to the US Government and it's online regulations. I feel like this investigation will serve to push even more stringent requirements for US based KYC/AML and identity verification across all online trading platforms.
Edit: Malice, in the sense that the United States can force its regulations on foreign entities without going through traditional diplomatic channels. I see this as a power-grab.
Edit: Malice, in the sense that the United States can force its regulations on foreign entities without going through traditional diplomatic channels. I see this as a power-grab.