QuantumToken

Well if they left out cryptocurrencies that has a normal blockchain behind them then I am all for it. I'm even surprised that the tried to left out coins such us Bitcoin and Litecoin on having a general regulation…

Hasn't this been applied before already? I mean I kept seeing this kinds of news before where a customer moves 10,000$ worth of crypto and the financial entity is required to report it so I don't know what has been…

You might be using an exchange registered in the U.S. but you aren't taxable by them as it would simply count as double taxation where you aren't even a citizen or even residing in that country. The capital gains you…

U.S. citizens don't even have that option in the first place. Before Binance re-entered the U.S. market their previous operations was labelled as illegal and they are left but to either freeze their US Customer's…

Aren't they the ones who are requiring crypto exchanges operating in the U.S. to submit "random" trading transactions from their customers with unusual activity as part of their KYC and AML compliance? From what I know…

I wouldn't consider this as a "landmine" as technically it's not something like where they hid this under somewhere it isn't readable, in this case they are part of the the Form 1 where you really need to answer it…

I got a feeling that even before China ruled in favor of crypto these illegal operations from these companies already existed. They are "illegal" in the first place and they don't see any kind of requirement to operate.…

The most important thing you need to have is evidence that wash trading ever happened with Binance. You need to have screenshots, records, transactions and other evidences that points out you have been a victim for wash…