There is an obvious problem here we as a community need to discuss. Obviously there are many newbie journalists or people that were not journalists at all in the space. I would expect by now that would be solved but even in very big news sites they make huge mistakes such as CNBC etc.
But especially when it comes from inside the crypto space is especially disturbing. Although this is a somewhat controversial site I take it as an example from bitcoin.com:
"England: Unauthorized Crypto Futures and ICOs are Criminal Offences"
What FCA said is:
"Regulated activities in relation to derivatives that reference either cryptocurrencies or tokens issued through an initial coin offering (ICO), will require authorisation by the FCA."
Which for kids or people stuggling with English means: Regulated Derivatives for EITHER cryptocurrencies OR ICOS need regulation.
cryptocurrencies and ICOs themselves are not a problem but DERIVATIVES are.
This is detrimental to the space because we have so much FUD that is either misinterpreted or maliciously misreported with alterior motives.
C. Edward Kelso I am calling you out. Either improve your English or understand the principles of journalism.
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