{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=ES&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Gemini+CEO+sees+a+Bitcoin+ban+as+highly+unlikely&text=Tyler+Winklevoss+believes+that+an+outright+ban+on+Bitcoin+is+unlikely+given+the+what+the+industry+is+offering+to+the+economy.&text=Gemini+CEO+and+Bitcoin+bull+Tyler+Winklevoss+believes+that+the+US+government+might+be+increasing+regulations+on+Bitcoin%2C+but+the+possibility+of+a+ban+on+the+%3Ca+title%3D%22Crypto+Trader+Review%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+industry+is+very+unlikely.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AIn+an+interview+with+Peter+McCormack%2C+Winklevoss+noted+that+things+might+be+different+if+this+was+back+in+2013+when+Bitcoin+was+first+starting+life.+Now%2C+however%2C+he+sees+a+difference+in+the+way+the+market+can+be+handled.+He+offered%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CI+think+that+the+U.S.+will+never+outlaw+Bitcoin.+There%E2%80%99s+too+much+precedent+that%E2%80%99s+been+set+in+the+courts.+The+Coinflip+order%2C+which+was+a+Commodity+Futures+Trading+Commission+enforcement+action+which+was+upheld+in+the+courts%2C+considered+Bitcoin+a+commodity+like+gold.%E2%80%9D+%3Cstrong%3EBold%3C%2Fstrong%3E%3C%2Fem%3E%0A%0AWith+regards+to+his+own+company%2C+he+commented+that+the+platform+is+in+accordance+with+the+New+York+Department+of+Financial+Services+regulations.+If+there+was+any+chance+of+a+Bitcoin+ban%2C+%22%3Cem%3E%5Bso%5D+much+would+have+to+be+undone.%3C%2Fem%3E%22+Not+only+would+a+ban+on+cryptocurrency+disrupt+the+market%2C+but+it+would+also+dismantle+countless+careers+and+a+burgeoning+industry.+As+he+stated%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%E2%80%9C%3Cem%3EYou%E2%80%99re+talking+about+companies+that+are+providing+careers%2C+building+the+economy%2C+some+of+them+are+going+public.+They%E2%80%99re+going+to+become+drivers+of+the+stock+market.+To+unroll+that+back+is+so+unlikely+to+me.+Of+course%2C+it%E2%80%99s+not+0%25%2C+but+it+might+as+well+be.%E2%80%9D+%3Cstrong%3EBold%3C%2Fstrong%3E%3C%2Fem%3E%0A%0AAs+it+stands%2C+cryptocurrency+is+synonymous+with+Bitcoin.+However%2C+the+field+of+digital+currencies+has+developed+into+much+more+than+that%2C+with+blockchain+companies+adding+to+the+economy+and+an+entirely+new+industry+emerging+from+the+technology.+Winklevoss+believes+that%2C+while+regulation+in+the+field+will+be+helpful+to+monitor+and+draw+guidelines%2C+a+blanket+ban+would+be+devastating+to+the+opportunities+that+could+come+from+the+tech.+Looking+to+the+European+continent%2C+he+noted%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CI+think+the+same+for+the+U.K.+and+Europe.+Singapore+we%E2%80%99re+in+a+licensing+process+with+the+MAS+%5BMonetary+Authority+of+Singapore%5D%2C+their+top+regulator+there.+They+are+embracing+it.+All+of+the+jurisdictions+that+are+free+markets+and+open+markets+and+believe+in+capitalism%2C+believe+in+Bitcoin%2C+believe+in+crypto%2C+and+I+think+see+it+as+an+opportunity+more+than+anything+than+a+threat.%E2%80%9D%3C%2Fem%3E","timeout":15}