Marathon Holdings (MARA) is taking a big step with their efforts to show compliance in a rather uncompliant world by refusing to add transactions to its block from entities that have been sanctioned.
Surely the pro-ungoverned purists will have some gripes with this move, but we think it’s a smart one by Marathon. You can feel the hints coming from government figureheads like Janet Yellen, who believes crypto is a full blown criminal enterprise.
With the amount of growth in the crypto space, the amount of institutional and corporate hodlrs coming into play, its not a matter of stopping it, rather it’s now about setting some ground rules so everyone can play nicely. Staying compliant and not letting tax cheats do their thing is a good thing for the honest investor. (disclosure: the author holds shares of MARA)
