Exchange in US must face regulations?

[Mighty_crypt]

I want to confirm if this claim from EZ365 team sounds good enough to have some patience, the team claimed that due to SEC and regulation problem is why they haven't launched their exchange and the exchange is in US, can this really cause the delays?

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[Miaallen]

Yes, what they claim can be a tangible reason in order not be another project that will face what Ripple is currently facing with the same US SEC. Imagine if XRP is used major in the US, the ongoing litigation against it would have ended it by closing it down. Any crypto projects in the US has to ensure the do everything as required by the SEC and the US laws to avoid being forced out of market by SEC

[jacafbiz]

It is true this can cause delay, but I don't expect anyone that want to launch their exchange in US at this stage to not know how to go around the current regulations, It is possible there is more to this delay than the team is letting out, we are in a bull market and even some of these small exchanges have seen their volume shoot up significantly so when are they going to launch the exchange

[tabas]

I want to confirm if this claim from EZ365 team sounds good enough to have some patience, the team claimed that due to SEC and regulation problem is why they haven't launched their exchange and the exchange is in US, can this really cause the delays?

SEC is strict and whoever that team is could be telling the truth. There's a hot issue with SEC against projects like XRP and may also affect other projects and other services and businesses that are related to cryptocurrencies.
That's why exchanges have a different portal/platform for US citizens just like Binance. While the others that are US based, don't have to do it as long as they're from US.

[asriloni]

I want to confirm if this claim from EZ365 team sounds good enough to have some patience, the team claimed that due to SEC and regulation problem is why they haven't launched their exchange and the exchange is in US, can this really cause the delays?

It can consider the regulation in US is very strict compared with another country like Singapore or Switzerland. They must have follow all of orders by SEC to be compliant with US regulation or their business can be closed anytime by SEC.
Even a platform like KIN can be a dead platform due to the regulation in US.
Look at so many cases related to the crypto majority came from US

[Brindez_kromo]

Yes it could happen because the existing regulations in the US are very strict and they must comply with all regulations or the SEC will act to make the project ashes, even on long-running projects such as Rippel they continue to carry out their duties.
So it's better to take a safe path not to launch the token than to be constrained by sec problems in the future

[RabbiTANK]

EZ365 is based in the US as they claimed, I knew there will be delays with the new exchange because it's in the US, they must do every necessary things in other not to shoot themselves in the legs in near future, a developer who don't want SEC problem but not stay in the US, that country are too damn serious with centralized projects

[slaman29]

EZ365 is based in the US as they claimed, I knew there will be delays with the new exchange because it's in the US, they must do every necessary things in other not to shoot themselves in the legs in near future, a developer who don't want SEC problem but not stay in the US, that country are too damn serious with centralized projects

It won't just be US that will be "too dangerous" but a lot of other countries too in the end. China, India, even most of them in Europe. I think the problem isn't just that the company is centralized but their reputation and behavior in the past (and present we could argue) is dangerous behavior for their clients.

[Eco_111]

I want to confirm if this claim from EZ365 team sounds good enough to have some patience, the team claimed that due to SEC and regulation problem is why they haven't launched their exchange and the exchange is in US, can this really cause the delays?

Yes all of them, regulations is a must for a new project or exchange platforms that wants to stay in the US, Ive heard about ez365 before and it looks promising enough, the CEO and team are legit and I'm waiting for their launch too, things must be put in the right place first or else there will be problems later on, let's have patience with them

[bittick]

a developer who don't want SEC problem but not stay in the US, that country are too damn serious with centralized projects

It's caused by the US was seeing crypto and its ecosystem as a threat to the centralized traditional financial system. It's not only the reason but there's another reason just like US wanna try to make sure the exchange site will be transparent to decrease the possibility for the exchange site to be used for the criminal act and money laundering.
US has various reason to did it but any exchange site must be compliant.

[Apostlekin$$$]

To avoid SEC and regulations problem every exchanges in the united states must follow the right process or face the wrath of SEC, this might actually cause delays for all exchanges that planned to operates in the united states, if this is what ez365 teams are saying they have a point.

[JHORN]

Sigh!  SEC and their problems, it's better not to stay in the US if you want peace of mind with your project or platform, SEC are too strict for my liking, they don't go easy on any platform or project that failed to do the right things, ez365 teams must have known what the cost will be if they don't do the right thing, don't blame them

[larus]

Exchanges all other we world faces regulation. Less and less exchanges that allow you to trade without kyc

[btc_angela]

I want to confirm if this claim from EZ365 team sounds good enough to have some patience, the team claimed that due to SEC and regulation problem is why they haven't launched their exchange and the exchange is in US, can this really cause the delays?

I don't know about EZ365 team, but as far as crypto regulation, US is now very strict specially if the project itself is deemed as securities. However, what is clear from US regulations is that they are after privacy coins and then XRP, so I'm not sure what EZ365 project is all about that they are afraid of US regulations, you have to go back and clear this thing with them.

[Greatdev]

I used to have a high hope for ez365 because the team are real and the CEO is also determined but they took too long to run up their developments, now they claimed they have to settle every issues with regulations before launch, I do hope this is real, I promoted their bounty campaign and haven't been paid yet, there is nothing to do than wait