I get it though Winky, it is sometimes a bit frustrating that we seem to get snubbed a lot by exchanges that are popular and have lots of trading volume.
I think the paper is exclusive for the USA market, since it’s highly regulated and they just want to make sure ETN isn’t considered a security.
I think what has held us back is the crypto purists dismissing us because we aren’t decentralized and also some exchanges may shy away because we just don’t have volume that gets them excited, combined with crypto snobbery and maybe we aren’t easy to integrate…maybe that’s changed now.
What I meant earlier about the payment system is that puts us in another category than the average run of the mill crypto project, when you talk about the US market. At least that’s how I see it. And here you don’t deal with just the Fed regulation, it’s every state and their own regs. If it looks like money transfer or pseudo banking, then it’s a slippery slope IMO.
But anyway, no I don’t think a paper stating ETN is not a security is irrelevant , it’s important IMO. The US market is no place to mess around in when you are a business with something to lose.