chris.ape

It's speculation but not one without merit. Between blocking US residents from buying certain coins/tokens, blocking US residents altogether and moving moving companies to new jurisdictions all the time, it would be…

If someone's using a card connected to a CEX they'd be more inclined to report and pay tax on every transaction, no matter how small, a privacy conscious person who sells BTC for fiat via other means probably won't…

You're making it sound as if no one has ever gone to prison because they were sloppy or held similar beliefs to you when transacting, and got caught because it was eventually possible to connect a transaction to their…

You can try looking up if the coins ended on some known exchange or service, if so, you can report the crime at the police and send them the police report, they might freeze the coins at least.

Doesn't it say something different than the article and people here are understanding? My take is people won't have to pay taxes on transactions where they made $200 in profit or less. So if someone bought 1 BTC for…

If someone's interested, I think the closest thing would be na LLC with bearer shares, but the issuance and use of them have been banned or heavily restricted in many countries over the years. An expert should be…

So far most cryptocurrency regulation is about erecting new barriers of entry towards users and businesses, and no it isn't illegal (yet), so why are talking about it 'remaining illegal'? FATF guidelines are there to…

If done on a continuous basis to earn non-negligible amounts of money, and you'd keep trading back into BTC to have more for exchanging, then I'd err on the side of caution. Especially if you're offering to trade the…

Looks pretty bad for him if true, what was he thinking? And why is it only now that he's getting arrested? Looks like US authorities weren't so confident they could extradite him from Singapore and decided to wait till…

Is it the laws lagging behind or is it more a matter of enforcement and/or the police forces being undereducated or not having enough resources? Most cryptocurrency scammers are already breaking preexisting laws.

Careful what you wish for. Strict rules means you might not even get to invest anything or you may find yourself having to prove you're not a criminal while with your funds are frozen.

SV companies for some reason love to have presence in an area with the highest salaries in the world. Maybe it'd be easier to sell their company one day to a bigger player if they maintain their presence there.

*$250 million Maybe he feels he's been literally scammed by Arthur Hayes, or just fishing to see how much he can wrangle out of him.

It's that, and probably also making it harder to avoid capital controls; due to lack of rule of law, Chinese themselves don't feel like their country is the safest place to store their wealth so a lot of them try to…

They're introducing transaction limits, not bans on cash altogether, and it means there's just more paperwork if someone has to go over the limit. A lot of people start using wechat and alipay voluntarily anyway out of…

'Soon' for now means somewhere around summer, assuming there are no delays, at least according to BItcoin Builder who's one of the biggest creditors. Payouts will have to go through exchanges, so I wonder if they're…

You could look into instant exchanges or DEXes depending on what exactly you're looking for. Just keep in mind with the former a sudden request for KYC is always a possibility, even for those that ordinarily do not…

I just checked on coinatmradar, there actually are only two Bitcoin ATMs in the Philippines. Are there any specific regulations which make running such as business next to impossible? In a country of >100M there must be…

On coinatmradar it often says whether a specific Bitcoin ATM asks for KYC. In some countries it's mandatory, in other it isn't, and in some no one knows so it's up to the operator. I wouldn't be surprised if there was…

Most of these sound like people running a business (i.e. continuously buying and selling with markup), and that's where all the AML and other requirements come in. That also seems to have been the case here assuming no…