Binance: Why Crypto Exchange Is Technically Illegal in New ...
10-22 03:14 - 'Timeline: / *"Chinese UnionPay Issues Warning to Bitcoin OTC Traders"* / - [link] / Binance to adds P2P/OTC trading: / - [link] / *"Is #Binance now accepting fiat on-ramp with #Alipay and #Wechat pay?"* / [Screenshot of B...' by /u/cointastical removed from /r/Bitcoin within 92-102min
''' Timeline: "Chinese UnionPay Issues Warning to Bitcoin OTC Traders"
Binance to adds P2P/OTC trading:
"Is #Binance now accepting fiat on-ramp with #Alipay and #Wechat pay?" [Screenshot of Binance's new PTP/OTC feature showing AliPay and WeChat as funding and withdrawal methods]
[Deleted tweet: "YES"]
"@Binance is not working directly with WeChat or Alipay. However, users are able to use them in P2P transactions for payment."
"Alipay closely monitors over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services."
*"[Post by WeChat: Wechat] will never support cryptocurrencies [sic] trading, and has never integrated with any crypto merchant."
Paxful weekly P2P BTC/CNY volume (of which WeChat & Alipay are about the only working payment methods for CNY/China):
''' Context Link Go1dfish undelete link unreddit undelete link Author: cointastical 1: www.a**a*r**to*oday.com*chines*-*ni*np*y-*ss*es-**rn*ng*to*bitcoin-o*c-tr*ders 2: **w.*oindesk.*om/*in**ce-to-add-fi*t-*o-cryp*o-o*c*tra*ing-*n*a-*o*th*co-*o*nder-sa*s 3: twit*e**c*m/C*line*u7/s*atus*11818571041*5*3*87* 4: twitt*r.com/*z_b*na*c*/sta*u**1*81861386**51061*6 5: twitter.com/cz_b*nance/*****s/1*8190191*139**0**2 6: *wit*er.*om*A*ipay/status/*1**19**8457246*201 7: *witte**c**/Alipay**tatus/11821*3*878356725** 8: pbs.tw*mg.com*m*di*/EGg1M*dU0*ER*K0?fo*ma**jpg&**p*na*e=*60*360 9: twitter*com**oveyW*n*s*a*u*/1*822636039335***48 10: coi***ance/v*lum*/*axful/*NY Unknown links are censored to prevent spreading illicit content.
Find Out Why Institutions Will Flood the Bitcoin Market
As originally written via CoinLive: (improved reading experience) Back in 2017, the blockchain industry experienced an unprecedented interest which ended in what is often referred in financial terms as “irrational exuberance”, with a large portion of the rally led by retail-type investors flooding the market to ultimately chase prices at illogically hefty levels based on the infancy stage of the technological advancements and its implementations. That rise was too fast too quick and eventually, in early January 2018, the bubble-like move came to an abrupt end. The question now is, what will it take for another sustainable bull run to materialize? At CoinLive, we will inspect the key missing pieces of the puzzle. In this article, we will investigate the ever-growing list of evidence that shows why a new type of investors, the institutional ones, looks set to enter the market in mass. The two critical impediments for the ‘smart money’ to have been on the sidelines are clearly identifiable. Firstly, it has to do with custodianship, in other words, having formal mechanisms that allow the safe storage of the asset. Secondly, the regulation around the crypto market must be clarified with clearer guidance. When it comes to the first missing piece of custodianship, the NY Times recently helped shed a light on where we are headed. The influential newspaper reported that ICE (Intercontinental Exchange), which is the parent company behind the NY Stock Exchange (NYSE), is working confidentially in the implementation of swap contracts for banks and large investors that will be settled with the physical delivery of Bitcoin. For ICE to even consider this idea it means that the problem of legal custodianship is being worked out so that the backing and security of Bitcoins by the NYSE will be in place. This will open the floodgates to a whole new market, where the King of cryptos and other digital assets down the road become available to a much wider and more influential customer base. We are certainly at a stage where institutions have recognized that Bitcoin is “too big to ignore”. What’s also important is that by using a swap contract, the trading of Bitcoins will be oversight under the existing regulatory framework of the Commodity Futures Trading Commission, hence less regulatory uncertainty. As a reminder, the CFTC is headed by J. Christopher Giancarlo, who is a proclaimed pro-blockchain endorser after his popular appearance in front of a U.S. Senate hearing on blockchain technology last February, where he famously said: “We owe it to this generation to respect their interest in this new technology.” Moreover, earlier this year, Boston-based State Street, the world’s second-largest custody bank with around £24tn in assets under custody and administration, came out to announce that safeguarding clients' digital assets could be a service they are looking to provide a solution in the near future. If confirmed, it would represent a major move as it sets a precedent as the first global bank to provide custodianship services for crypto-related investments. While Bitcoin is not serving its initially intended purpose as a widely used method of payments (for now), it has found another appeal as a store of value that is uncorrelated to any other asset class, hence it has an exceptional use as a hedging strategy for multi-billion dollar portfolios to help reduce the overall volatility. Other stories strengthening the notion of institutional capital set to come into the cryptoverse include the news that Goldman Sachs will be trading futures contracts linked to Bitcoin’s price as an initial step, only to gradually transition into a more direct trading of buying and selling actual Bitcoins. Find our recent article where we explain why Goldman Sachs trading Bitcoin is such a big deal. Even the chief executive of Nasdaq, Adena Friedman, recently said considerations were being given to set up a virtual-currency exchange should the needed regulatory framework be resolved. Additionally, we have seen a growing trend of senior-level executives at institutional firms flocking off the safety of their well-established positions to venture into blockchain-related jobs. We include a few articles with evidence below: Goldman Sachs Executives are Moving to Cryptocurrency Hedge Funds Mike Novogratz Makes Goldman VP the COO of His Crypto Company Coinbase Hires Ex-Barclays Director to Expand Its Institutional Client Base Commonwealth Bank CFO to Lead Block.one as President and COO The migration in job positions from traditional financial markets into blockchain comes as no surprise and quite frankly, it appears to be a logical and rational step to be taken, especially in light of the new revenue streams the blockchain sector has to offer. Proof of that is the fact that Binance, a crypto exchange with around 200 employees and less than 1 year of operations has overcome Deutsche Bank, which has more than 100,000 employees and over 150 years of history, in total profits. What this communicates is that the opportunities to grow an institution’s revenue stream is formidable once they decide to integrate cryptocurrencies into their business models. Another piece of the puzzle, even if occurring behind closed doors, is the consideration to launch a Bitcoin ETF. Back in April, it was reported that the US Securities and Exchange Commission (SEC) has put back on the table two Bitcoin ETF proposals, according to public documents. The agency is under formal proceedings to approve a rule change that would allow NYSE Arca to list two exchange-traded funds (ETFs) proposed by fund provider ProShares. The introduction of an ETF would make Bitcoin available to a much wider share of market participants, with the ability to directly buy the asset at the click of a button, essentially simplifying the current complexity that involves having to deal with all the cumbersome steps currently in place. More evidence of the emergence of institutions playing a more dominant role in the blockchain industry is the unprecedented interest to amass Bitcoins in the OTC (Over the Counter Market). We perceive this trend as directly linked store Bitcoin as a store of value. This article by Bloomberg should give you a taste of what's happening behind the scenes: The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers. As ConLive recently tweeted: "Our network of Insiders telling us between 5000-10.000 BTC are being sold every week OTC by Chinese BTC miners to Israeli buyers - Wall Street type - as they look to accumulate a big hand in BTC. “ !(https://coinlive.io/ckeditor_assets/pictures/868/content_2018-05-15_0957.png) Lastly, one of the most critical missing piece is the subject of global regulations. Back in March, Mark Carney, the head of Bank of England and the chief of the Financial Stability Board of G20 stated that “crypto-assets do not pose risks to global financial stability at this time.” That caused a temporary relief in the crypto sphere as the risk of a regulatory backlash was removed for the time being until July, the month when more clarity will be provided. The chair of the Argentina Central Bank, Federico Sturzenegger, on his role of sitting the G20 summit, said that members showed a unifying view on the need of cryptocurrencies to be supported by a more sound regulatory framework. The policy-maker, however, made it clear that they first need to examine the cryptocurrencies universe to gather the necessary data before proposing regulations. “In July we have to offer very concrete, very specific recommendations on, not ‘what do we regulate?’ but ‘what is the data we need?” Sturzenegger said. To sum up, the improvements in custodianship solutions, along with more clarity by the G20 committee, which is set to provide less uncertainty for institutional investors’ involvement, is a recipe for a renewed bull wave, this time of institutional capital, to shake up the crypto space. At CoinLive, we will not venture into the timing, as that is quite irresponsible trying to pretend we have a "crystal ball" to determine when moves will occur. We just simply look at the big picture and try to connect the dots by first breaking down the latest developments to then draw some conclusions. Never forget, markets should always be approached as a numbers' game, and while nothing is certain, we just attempt to envision and inform on scenarios with the highest likelihood.
Crypto doesn't feel that functional right now. Shouldn't be this hard to buy an altcoin.
Sometimes I feel like there are few benefits to crypto at all, other than the speculative value. Everywhere you turn it feels like there's some barrier to this being functional. Whether that's government regulation/interference or high fees. So, I wanted to buy an altcoin tonight. I use Coinbase because there are few options available to me in NY and I like the instant credit card transaction process. I'm not a wealthy person, and I'm dealing with small amounts that I can safely afford to deposit without being negatively affected if this all goes to 0 tomorrow. I wanted to buy on Binance, so I had to buy either BTC or ETH. I didn't want to buy ETH because it's first in, first out rule. I want to HOLD my ETH. If I buy ETH now to send it to another exchange, it's going to send my first ETH and I'm going to have to pay for it, which really stinks. So, I thought I'd buy BTC. BIG MISTAKE. For a $100 deposit, it was going to cost me $25 to send. $25. Who uses this? How is this functional? How is Bitcoin useful besides as a store of value? Was that the intention? It's ridiculous! Then I thought, I could deposit to my Paypal where I could buy ETH on localethereum with the Paypal money. People are selling it at $1277 per ETH. Almost DOUBLE what it's asking price is now. What a rip off. How is this a functional system? I try to explain to my father the benefits of crypto, but when it's set up like this, it's hard to indicate benefits for the USES of crypto with these barriers and fees. I thought about buying ETH from Coinbase from MEW, but I'm not sure of the implications there with the first in, first out. Maybe I'M doing something wrong, and if that's the case, there are more barriers, because how will others manage? How can this be universal? So frustrating!!
Cryptocurrencies continue to slide with Bloomberg Digital Assets 10 Index now down 80% YTD, surpassing the Nasdaq Composite’s drop during dot-com bubble in CY2000
AirSwap, a decentralized cryptocurrency trading platform announced a new partnership Tuesday that will tokenize New York’s real estate markets. AirSwap will partner with FINRA-registered broker dealer Propellr. In a statement, AirSwap said their main goal is to reduce time to complete secondary market transactions of private securities from months to days.
Alive Casino is building a blockchain platform that allows users to participate in VR online gambling. Based in Costa Rica, Alive Casino is currently in the process of selling 15% of its AL tokens in order to raise the necessary funds to develop the platform. AL tokens have a value of USD$0.015/token and can be purchased with ETH, with a maximum purchase cap of 75 ETH.
The Australian Trade and Investment Commission (Austrade), the country’s trade agency, and the Australian Digital Commerce Association are jointly sending a delegation of domestic blockchain startups to visit some of China’s largest fintech companies this week. China is one of the world’s leaders in innovative blockchain technology, having filed over 10% of the world’s blockchain patents.
Authorities from US states Illinois and Arizona are asking India’s Criminal Investigation Department (CID) to seize property of promoters of Bitcoin investment firm BitConnect. The two US states are accusing BitConnect of being a Ponzi scheme, having raised approximately USD$5.6 billion from investors. India’s Criminal Investigation Department also claims BitConnect is suspected of money-laundering.
After Bitcoinist reported Tuesday that investment bank State Street will back stablecoin Gemini Dollar, the Bitcion Foundation’s Charlie Shrem said solid stablecoins are going to serve as a bridge for mainstream investors that will span decades. Shrem elaborated, saying stablecoins’ biggest accomplishment is eliminating the risks associated with high volatility digital coins.
A Canadian town in the Ontario Province is paying hackers a ransom in Bitcoin in order to get its computer network working again. The town of Midland had its computer systems breached and infected with ransom malware that encrypted files at the beginning of this month. Although critical services, like waste management ad fire response, were not affected, the town has begun paying the hackers Bitcoin in exchange for the decryption keys.
CoinDesk is reporting that there is a new major competitor for Bitmain. Bitewei, a Shenzhen-based mining chip manufacturer led by the former director of design at Bitmain, Yang Zuoxing, raised CNY40 million (USD$20 million) to bring to mining hardware to market. Bitewei and Bitmain have been battling over the past 2 years in regards to intellectual property designed by Yang.
Researchers from China’s Xi’an Jiaoton University published a report Wednesday saying at least 4 in 5 altcoins have stolen and plagiarized about 90% of their code. The report examined 488 digital currencies and found the code underpinning 405 digital coins (83%) yielded a ‘similarity score’ of between 90% and 100%.
A variety of blockchain funds, exchanges, and startup have come together to form the Blockchain Association, a lobbying group for the crypto industry. Reported Tuesday, some founding members include Coinbase, Polychain Capital, Protocol Labs, and Digital Currency Group. One of the association’s first hires is Kristin Smith, former Senate aide. The Blockchain Association will specifically focus on lobbying for tax laws and know your customers/anti-money laundering regulations.
Japanese telecom company, Softbank Corporation, has completed a proof-of-concept (PoC) for a blockchain that would allow peer to peer mobile payments across different carriers. Announced early Wednesday, the technology is the product of a partnership with blockchain startup TBCASoft, and Synchronoss, a publicly traded company that works with a communications protocol in Japan called Rich Communication Service.
Your Daily Crypto-News Recap: 97 of Top 100 Cryptocurrencies in the Green as Total Crypto Market Cap Adds $20 billion in 2 Days
A candidate for a local government position in Taiwan has made history, becoming the first politician ever to receive a campaign donation in Bitcoin. Hsiao Hsin-chen, who is running for a seat on Taipei’s City Council with the New Power Party ticket, received a donation in Bitcoin worth about USD$325 a month after the party announced it would accept cryptocurrency donations.
A New York University (NYU) professor discussed how US regulators are all fighting to establish dominance in regulating cryptocurrencies. Professor David Yermack detailed a turf struggle, pointing out the NY Office of the Attorney General’s report released earlier this week accusing crypto exchanges of lack of proper market oversight, the Department of Financial Services’ recent ruling on a Bitcoin ETF, and the US Securities and Exchange Commission also trying to take a lead in crypto regulation. Yermack questioned whether or not this was beneficial to citizens.
According to Michael Novogratz, CEO of Galaxy Digital, cryptocurrencies have reached “seller fatigue” and he believes prices have bottomed. Novogratz went on to add that, although Bitcoin’s prices have dropped, it has held above USD$6,000 and established itself as a store of value.
Altonomy, a cryptocurrency trading advisory and digital assets management firm, has officially launched a sell-side over-the-counter (OTC) cryptocurrency trading desk. On top of that, the firm also launched a blockchain-based digital currency index fund, called Altonomy Taurus Index Fund. Altonomy claims to offer an unprecedented degree of transparency and professionalism while providing institutional investors a way to diversify into cryptocurrencies.
California’s Fair Political Practices Commission, the state’s political watchdog, has ruled that political candidates will not be allowed to accept donations in cryptocurrencies like Bitcoin. The vote on the issue occurred Thursday and favored the ban 3-1 with one individual abstaining.
CoinPayments.net, a business-to-business and business-to-customers platform for crypto payments, announced that they will be partnering with nonprofit Unify.org for World Peace Weekend. Occuring from September 21st to September 23rd, 1,300 events all over the world will take place to mark the largest global mediation in history, according to the Guinness Book of World Records.
Play2Live, a streaming platform for gamers and eSports fans, announced the launch of an open-beta of their blockchain streaming platform. Play2Live discussed participants’ ability to partake in monetization schemes, saying, “Everybody can be a part of the peer-to-peer interaction, and everybody, even the viewer, is able to earn money.”
South Korea’s largest telecommunications company, SK, has partnered with the country’s most valuable blockchain project, ICON, to implement blockchain and cryptocurrency technology in compensating users of its mileage system. ICON and SK have signed a Memorandum of Understanding to implement blockchain into its mileage rewards system that is used by 35 million citizens.
The Co-Director of Enforcement for the US Securities and Exchange Commission (SEC), Stephanie Avakian, vowed in a speech Thursday that the regulatory agency is going to practice more substantial enforcement of illegal ICOs. Avakian went on to mention that ICO’s are often high-risk investments masked by unrealistic assurances.
The US Securities and Exchange Commission (SEC) requested further comments regarding its decision on the listing and trading of a Bitcoin exchange traded fund (ETF) in a release Thursday. The Bitcoin ETF is backed by investment firm VanEck and financial company SolidX, with the initial request filed on June 6th of this year. In the SEC’s release, the regulating authority notes that it has not reached any conclusions on the Bitcoin ETF and asks for interested parties to send comments to the SEC in regards to the sufficiency and viability of a Bitcoin ETF. So far, the SEC has received over 1,400 letters.
Two of the largest cryptocurrency exchanges in the world, Coinbase and Binance, have been on hiring sprees of late despite a heavy bear market in cryptos. In an interview with Bloomberg, Binance’s Chief Financial Officer, Wei Ahou, said the company is in the process of hiring 50 new employees for its new headquarters in Malta while it is also recruiting for its fiat-to-crypto exchange in Singapore. Last week, Coinbase announced it would be hiring about 80 employees for its new headquarters in NYC.
Venezuelan President Nicolas Maduro said in television appearance that Venezuela will adopt the state-backed Petro Token in international trade. While it is unclear in which sectors of global trade Venezuela will use the Petro Token, economists and analysts have doubts whether the token will be accepted by international markets.
The Crypto King Report February 7, 2018: Can the Sea of Green Be Trusted?! Article – 10 Buy and HODLS for 2018
The Crypto King Report February 7, 2018: Can the Sea of Green Be Trusted?! Article – 10 Buy and HODLS for 2018 I am always asked where do I recommend trading, well 2 great exchanges allowing new traders are: Binance: https://www.binance.com/?ref=15316928 Cryptopia: https://www.cryptopia.co.nz/Register?referrer=JaketheCryptoKing I appreciate all my loyal followers! I am trying to build a social media presence and would love if you followed me on Instagram and Twitter as well! For tips and strategy hours before being posted to the message boards follow on Instagram: JaketheCryptoKing and Twitter: JbtheCryptoKing. And now on Discord: https://discord.gg/qTjQp8W (join the group to reach me directly). Two days of green feels much better than sixty days of red! However, we are not out of the woods yet! It is very important to remember how much the cryptocurrency markets fluctuate based on market sentiment. The SEC hearing yesterday went exceptionally well with the U.S. clearly looking to regulate and not ban. This is a huge step when the rest of the year has been composed of FUD, we are finally getting positive news. However, positive sentiment can be short lived if the markets have another correction in the following week (leading up to the Chinese New Year). Does this schedule look like the market sentiment will be positive or negative over the course of the next month? To me it screams positivity! February 7: “Fintech World” Blockchain and Tokenomics 101, New York, NY February 8: Blockchain and BTC Conference, Gibraltar February 10: Cryptario Online Summit February 13: Blockchain Conference, St. Petersburg February 16: Dubai FX and Cryptocurrency and ICO Show, DUBAI, UAE February 16: The Bitcoin, Ethereum & Blockchain SuperConference, Dallas, TX February 21: Blockchain and Bitcoin Conference, Switzerland February 22: Blockchain and Bitcoin Conference, Bengaluru February 23: EnHack 2018, Essen, Germany February 23: Blockchain and Cryptocurrency con 2018, Dallas, TX February 24: NAC3 New York City, New York, New York February 27: Blockchain in Healthcare West Conference, San Francisco, CA February 28: Gibraltar International FinTech Forum, Gibraltar March 1: Blockchain and Bitcoin Conference Turkey, Istanbul Turkey March 1: International Blockchain Summit Moscow, Moscow, Russia People love to watch crypto traders squirm given the percentages that were made last year. However, if you’ve waited through this dip you are about to be handsomely rewarded. If you were wise enough (and wealthy enough) to continue purchasing through the dip…well I’m jealous of you to say the least! If you’ve been accumulating this whole time (I did until no more fiat remained) the rebound will be that much more enjoyable! I am excited to ride this wave back to a BTC sitting above $20,000 and a total market cap above $1 trillion. Today’s article was written 48hrs ago and completed yesterday morning (before the market recovery) as many individuals wanted to know about coins that were “Safe” and “Risky” plays for ALL of 2018. This article can proudly be read here: https://btcmanager.com/top-10-cryptocurrencies-2018-3-risky-3-safe-3-medium-1-winne?utm_source=onesignal&utm_medium=push If you’ve been paying attention the KuCoin moonshots from last month have been the biggest gainers the last 24hrs with many up 25-100%. Yes, they have a ways to recover still but compared to the “normal” market returns of BTC, the small alts during a rebound will blow by it. If you have any specific topics you want discussed (in upcoming articles) comment about them! Or feel free to PM me directly! Besides where can new traders begin, the next question I always get is, “What ICOs do you like?” Vestarin: Link to Purchase VST: https://vestarin.io/?ref=38b3eff8baf56627478ec76a704e9b52 The ETH to VST rate is currently: 3000VST per 1ETH. This will decrease to 1500VST per ETH by the time of the actual ICO sale (we are in pre-sale currently). This means you will have made a 100% return heading into the beginning of the ICO if you purchased at the pre-sale price. On the ICO ranking websites anything above a 4 is usually considered great. ICO Bench gave this a 4.7, currently the next best I can find is a 4.4. The ICO profile was a 4.9, team 4.6, vision 4.8 and product 4.4. These rankings are phenomenal and we are lucky enough to have the ability to purchase with a 56% discount. That means even if the coin hits the exchange at your exact purchase price you still make 56% in one month. That is a very impressive, “safe,” return. If the coin hits the exchange at a 100% premium, you’ve now made 312% because you were given a 56% bonus which also doubled. Vestarin is a fantastic 1-month play. The coin specializes in bringing crypto to small businesses and integrating the ability to pay for anything and everything via the Vestarin app (which you can download and checkout!). For a coin to be in this level of infancy, be rated 4.5/5+ on all the ICO sites and have such a strong team this is a great opportunity. As a great option for a February ICO or if you believe in the long term tech enjoy riding it out for 6 months. I’ve contributed a few ETH (as I do most ICOs I discuss) to this project, the investment choices is yours! 56%-300% seem like lovely returns, especially in this market. People keep asking about VST’s CEO. He is the Dan Blizerian of Eastern Europe. This is not a reason to distrust the company, if anything this is a reason it will receive incredible amounts of publicity! Imagine how viral a Dan Blizerian coin would go solely because of the publicity. Think PotCoin and Dennis Rodman. VST’s bonus is over in 5% (hours of this post). Referral Link: https://vestarin.io/?ref=38b3eff8baf56627478ec76a704e9b52 KYC Legal: referral: https://bookbuild.kyc.legal/?ref=23734776ffa2051a83eb8bc1 More than half way to its hard cap and it has the ability to solve one of the biggest issues in blockchain and ICOs. The Know Your Customer (the dreaded KYC form). If you’ve completed an ICO recently you know the form I’m talking about. The form they give you at the end, after you’ve sent your .5eth but before they will release their tokens. Basically stating you understand this market is unregulated, etc. Well a blockchain token has in essence solved this problem. I HATE KYC forms and if the KYC system was set up in a way in which you wouldn’t have to fill out that form repeatedly for every ICO it would be more convenient for all investors and ICO companies. KYC Legal intends to do just that. According to the founder DR, “This is a simple and quick way to complete client identification procedures, which can then be used to verify the client’s identity during various financial operations (so-called KYC (“know your customer”) requirements that financial institutions and companies working with the money of private individuals use to identify and verify counterparties before starting a financial transaction). This niche is completely untapped and I HATE KYC forms enough to think this is a brilliant idea. They are calling it a “Universal alternative to Personal IDs,” on the block chain. Brilliant concept and there are 2 days left to receive the 38% discount from the final price. A 38% gain prior to token sale completion is significant, imagine what will happen when the hard cap is reached and it hits the first exchange. KYC Legal: https://bookbuild.kyc.legal/?ref=23734776ffa2051a83eb8bc1 HireMatch – Monster meets the blockchain! They were at the Miami BTC conference and this is truly a fantastic concept. Hiring agencies have taken the internet by storm and assuming blockchain breaks into all sectors of business, the hiring sector is next! This is also a great ICO for U.S. based investors. They are located in Sunnyvale, CA. While the founders have significant experience in the hiring realm being the creators of Recruiter.com and other major recruitment agencies. Their coin symbol is HIRE and their ICO sale is ending fairly soon! With a very well connected team, already formed partnerships, and the ability for U.S. based investors to take place this is has potential to be a great coin! Please use my referral link: https://www.hirematch.io/APP/Register.aspx?id=44B726EC
Bitcoin Is Property. All cryptocurrencies are property, and are subject to law as property. When you purchase coins (bitcoin) from Binance, and it is mixed with the criminal funds that have flowed through the same digital laundry, you are not buying bitcoin that you can own and call your own. Bitcoin paid for services rendered or to independent contractors must be reported on IRS Form 1099, with self-employment tax possibly being applicable. Finally, capital gain on altcoins is taxable, as gains would be in stocks and bonds. The government has taken a cautious position toward bitcoin money transmitters. The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC ... • Binance CEO Changpeng “CZ” Zhao took to Twitter to deny a Forbes report alleging that Binance, the world’s top cryptocurrency exchange, 11.9 C. Amsterdam. 29 October 2020. Home; News. News. Binance CEO Denies ‘Tai Chi’ Bitcoin Regulation Evasion… 29 October 2020. News. Ethereum Must Show Strength Now or Else It… 29 October 2020. News. What Impact Could The US Election Have On ... Though Binance’s services were confined with crypto-to-crypto trading in the US, the exchange last year partnered with a local entity to form a new entity in the country – Binance US – offering fiat-based services. The new platform, however, was not serving the New York residents initially as the exchange did not receive BitLicense from the NYDFS. It, thus, makes sense why Binance would be able to push for complete regulation from the NYDFS for its stablecoin — while smaller startups may struggle. Binance’s Surge Into the US. Binance and Binance.US have been actively trying to get a foothold in the U.S. market. Since launching Binance.US and the BUSD stablecoin less than four months ... Bitcoin Regulation Binance and Kraken May Be Operating Illegally in NY State. Georgi Georgiev Sep 20, 2018 05:00 . Share. Tweet. Send . Share. According to the Attorney General of New York, three crypto exchanges namely, Binance, Kraken, and Gate.io, may be in violation of digital currency regulations in the state. Binance, Kraken, Gate.io Under the Gun. A new report by the Virtual Markets ... Regulation appears to be coming to the world of cryptocurrency, as online exchanges in China and South Korea have recently been shut down as government regulators rush to ban or at least minimize ... Regulation; Reviews; All Bitcoin News; Bitcoin Near $16,000 after Powell Keeps Rates Low, Commits... The price of a single Bitcoin [almost] reached $16,000 as traders assessed a combination of supportive macro catalysts. Yashu Gola 7 hours ago; Bitcoin Explodes Past $15,000 as Analysts Expect Further... If it isn’t already clear, Bitcoin is caught in the throes of a full-fledged bull ... NY Regulator Proposes New Coin Listing Requirements . The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies ...
Binance CEO Denies 'Tai Chi' Bitcoin Regulation Evasion ...
Hove you wondered about the regulation of Bitcoin and cryptocurrencies? Are you using bitcoin but aren’t sure what laws apply to your transactions or how the government views them? In this video ... #Bitcoin #Crypto #CryptoCurrency #ETH #ADA #USDT #LTC #trading #KNC #DeFi #Binance #Forbes Checkout our website to learn about Bitcoin and other Crypto Curre... However, Binance.US is allowing a new trustworthy USA resident option for turning fiat USD aka dollars into Bitcoin, Ethereum, and several other cryptocurrencies including Binance's BNB token ... Join Binance through the Link and ... $ BITCOIN NEW PREDICTION / स्टॉक मार्केट के बाद अब रियल स्टेट का क्या होगा ... A leaked document purportedly from Binance senior executives outlines a plan to use a US subsidiary to evade regulators. Binance CEO Changpeng "CZ" Zhao took... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp... Binance.US - America's New Home for Digital Asset Trading. Get started in minutes once you set up an account with Binance.US to buy and sell cryptocurrencies... ️Compra tus primeros Bitcoins con Binance aquí: https://bit.ly/3bu5UTl APRENDE MAS SOBRE BITCOIN! Serie: Qué es Bitcoin y cómo funciona: https://bit.ly/3c... CZ, founder and CEO of Binance, is LIVE with us to answer ALL your questions regarding bitcoin, binance, and cryptocurrency in 2020! [This is NOT sponsored!]...