Sointu says all technologies operating within a highly regulated industry, or performing functions similar to a financial institution, should be subject to the same laws. But this is often not the case with virtual currencies.
“As a bank, we have to comply with a lot of regulations and laws,” he tells WatersTechnology. “So we find it questionable that there is a technology that does a bit of the same thing we do as a bank but is exempt from the laws and rules we have to comply with.”
The founder and CEO of HPR joins the podcast to talk about lessons learned and where the industry is heading.Subscribe to Weekly Wrap emails