block_l4s3r
wow the tos on bitmex say that. That is surreal I almost wonder if they changed it. I could have sworn that it was a resident ban and not a citizen ban for like ages. Even the forex exchanges offshore don't always…
Upon the expiration of this definition on October 9, 2013, the U.S. person definition set forth in the Final Guidance will apply. The Final Guidance provides that the CFTC will interpret the term U.S. person…
I've been diving deep into the actual text of the Frank Dodd Act lately. I've hit a huge snag with accessing swaps internationally as a retail trader, so I'm working on setting up my own international business entity.…
El Salvador is indeed a haven for Bitcoin users to conduct any transactions, including withdrawing large amounts. There's no tax, even if you're a foreign investor residing in El Salvador. Nayib Bukele has truly turned…
as long as arther fixes his order submission errors and continues to run a shady ass exchange in the seychelles im hardly heart broken by uncle sam's hellbent notion to keep me poor
That's what the FATF is pushing for. They're basically declaring war on bitcoin first and foremost. We gotta ditch these centralized exchanges. The whole idea behind bitcoin was to be like an anonymous numbered Swiss…
So here's the deal with crypto: a lot of folks, especially Americans, are getting squeezed out of the market. Honestly, I can't let that happen to me. I need to find a way to work within the Frank-Dodd regulations. If…
- Creating corporate accounts for KrakenDec 26, 2023
I get confuseed on frank and dodd if its 10 million in asset worth or 1 mil net worth or both. ECP status is basically for the rich, but again people misrepresent it. Not all of the ECP status's require 1million.…
- Creating corporate accounts for KrakenDec 23, 2023
I'm curious if anyone here has set up different types of companies to create accounts on Kraken. I reached out to their compliance team, but haven't heard back yet. I'm thinking about forming an international business…
- G20 Regulations are a bad ideaAug 17, 2023
the south koreans already did it. that's whats coming and it's absolutely terrible
- G20 Regulations are a bad ideaAug 13, 2023
yea go ahead and delete things admin but you know I'm right. It'll be worse to come than that. There will be no good to come of this type of premise for a ponopticon. You can skirt around it and give face and mouth to…
- G20 Regulations are a bad ideaAug 11, 2023
The guidelines from FinCen seem like a trap, pushing us toward a cashless system while pretending to support peer-to-peer cash. They're so overreaching that some folks at the convention said the technology isn't even…
- UK FCA looking to fully ban crypto CFDsDec 18, 2021
its just blatent classism. Boomers don't want millenials getting filthy rich off bitmex. Gotta squash it early on. Tone Vays did the right thing renouncing his citizenship honestly. The VPN days are numbered. I don't…
- UK FCA looking to fully ban crypto CFDsDec 18, 2021
Seriously, we need to stop defending these regulators. People in the UK have to push back against this. Letting them do this will just inspire other countries to follow suit. This is straight-up class warfare, showing a…
But prolonging our luck in highly volatile investment assets for an extended period is more challenging than imagined. You might think that by choosing five coins, you're bound to have one of them increase by x10, but…
https://cointelegraph.com/news/dutch-ministers-call-for-cryptocurrency-cash-use-regulations https://www.rijksoverheid.nl/documenten/kamerstukken/2019/06/30/aanbiedingsbrief-plan-van-aanpak-witwassen The exact proposal…
I really thought we’d have more time, but honestly, the Dutch are pretty disappointing. They’re the first to bring in the FATF guidelines and they’ve banned cash transfers over 3000. Deribit is gonna feel the heat from…
So Bitseven just cut off access for US users today. Everything seems to be speeding up. I’ve got this feeling that platforms like BitMEX and Bybit are on borrowed time. What can Arther even do to fight this? What real…
I see it as a very sinister technology. It's a trojan horse to create a parallel system of state sanctioned wallet providers. Where by they then ban open source wallets. If you can't remove your keys from a proprietary…
You can evade tax easier by simply not being a us citizen. Uncle Sam get's paid. It isn't worth evading the IRS and the IRS uses chain analysis . You have to renounce US Citizenship. Now you can stay a citizen and live…