UK Regulator

“When we received our crypto license, like several years ago in UK, there were certain rules attached to it, which actually caused Kind of 99% false positive. So, for example, a person wants to send money in crypto to another account, and then we will block thi…”

“Sort of famously the UK regulator looked at Instagram and said, well, they don't have ads, so that's not part of Facebook's Market, market, which was clearly like a very, very myopic way of thinking about how the market worked.”