Crypto currency (IF banned from CA)

[DuuuncanHadaPigeon]

lol,do these legacy bankers actually believe the internet has borders lol

Not everyone will want to use a VPN to get around this, especially if you get caught they could just seize your funds.

I have no problem with futures trading getting banned here. Crypto futures on binance is nothing more than a casino, trading with leverge is terrible for peoples health.

 

[Tramps_mate]

Binance: Watchdog clamps down on cryptocurrency exchange

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.

www.bbc.co.uk

Ban it how? My account is still working.. Will that be blocked?

 

[Spadge Vernacular]

Ban it how? My account is still working.. Will that be blocked?

Binance Can't Do Business in UK But Crypto Trading Unaffected: British Financial Watchdog - Decrypt

Binance cannot operate in the UK, said the UK’s financial watchdog. But crypto traders can still use companies not registered with the FCA.

decrypt.co

 

[DuuuncanHadaPigeon]

Binance Can't Do Business in UK But Crypto Trading Unaffected: British Financial Watchdog - Decrypt

Binance cannot operate in the UK, said the UK’s financial watchdog. But crypto traders can still use companies not registered with the FCA.

decrypt.co

Thanks for the link, interesting. Binance and CZ are some shady fuckers

 

[nikom court]

Ban it how? My account is still working.. Will that be blocked?

they cant ban anything,
they will probably just close their london offices and move to an eu crypto friendly country like portugal,malta or latvia.
london is on its arse as a financial hub!

 

[Lord Buckethead]

they cant ban anything,
they will probably just close their london offices and move to an eu crypto friendly country like portugal,malta or latvia.
london is on its arse as a financial hub!

Yeah, London is over as a finacial hub. Nothing says strong and reliable Financial Powerhouse like being based in Malta or Latvia, that will show the squares who are hung up on "legality" and "not wanting to lose all their savings"

Andrew Ridgeley chats less Wham than you lot do.

 

[wainy]

Just a ban on futures contracts isn’t it, not banned from being used in the UK

 

[nikom court]

Just a ban on futures contracts isn’t it, not banned from being used in the UK

yes,derivatives
although lord buckethead is upset and having a bit of a rant
as hes worried some people may lose their life savings!

 

[DuuuncanHadaPigeon]

Yeah, London is over as a finacial hub. Nothing says strong and reliable Financial Powerhouse like being based in Malta or Latvia, that will show the squares who are hung up on "legality" and "not wanting to lose all their savings"

Andrew Ridgeley chats less Wham than you lot do.

you said it was getting banned by gvmts worldwide lol what a joke

 

[Lord Buckethead]

you said it was getting banned by gvmts worldwide lol what a joke

Sorry Mate. I am new to all this Crytocrimecash scam thing,

Forgive me, I haven't even put a contract out on any one yet let alone traded in Filipino women

 

[Zatara]

Binance: Watchdog clamps down on cryptocurrency exchange

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.

www.bbc.co.uk

lol,do these legacy bankers actually believe the internet has borders lol

Not everyone will want to use a VPN to get around this, especially if you get caught they could just seize your funds.

I have no problem with futures trading getting banned here. Crypto futures on binance is nothing more than a casino, trading with leverge is terrible for peoples health.

Nothing wrong with leverage if you know how to use it.

Retail traders in FX and Crypto derivatives on high leverage is a recipe for disaster though.

Thats why binance has been targeted by the FCA....retail traders on leverage losing money = complaining.

they cant ban anything,
they will probably just close their london offices and move to an eu crypto friendly country like portugal,malta or latvia.
london is on its arse as a financial hub!

The FCA is rapidly falling behind as an FX or Crypto friendly jurisdiction.

If you ask them what you can do...ask for guidance on launching something...question even language on your website...

...they basically tell you that once youve done it they will decide.

The whole Crypto license situation is a total joke.

Yeah, London is over as a finacial hub. Nothing says strong and reliable Financial Powerhouse like being based in Malta or Latvia, that will show the squares who are hung up on "legality" and "not wanting to lose all their savings"

Andrew Ridgeley chats less Wham than you lot do.

What credentials do you have to support your opinion?

Sorry Mate. I am new to all this Crytocrimecash scam thing,

Forgive me, I haven't even put a contract out on any one yet let alone traded in Filipino women

Just racism then...

 

[DuuuncanHadaPigeon]

Nothing wrong with leverage if you know how to use it.

Retail traders in FX and Crypto derivatives on high leverage is a recipe for disaster though.

Thats why binance has been targeted by the FCA....retail traders on leverage losing money = complaining.



The FCA is rapidly falling behind as an FX or Crypto friendly jurisdiction.

If you ask them what you can do...ask for guidance on launching something...question even language on your website...

...they basically tell you that once youve done it they will decide.

The whole Crypto license situation is a total joke.




What credentials do you have to support your opinion?




Just racism then...

This is true but very few people know how to use it. In legacy finance you might see smart traders using 2-3x leverage and even that is considered risky, but like you said, retail traders using 100x leverage is just insanity and it is what I really hate about the crypto space. Crypto Youtubers that shill their exchange referral link, where normal people go to lose money and give it to middlemen exchanges is disgusting.

@Lord Buckethead is clueless

 

[YoboCopter]

We all still suriving the crash lads?

i havent eat for weeks now

please boom again

 

[nikom court]

We all still suriving the crash lads?

i havent eat for weeks now

please boom again

i try not to check the prices that often it would drive me insane,
i just buy some bitcoin every month when i get paid,
stash it away and try to forget about it!

 

[chicoazul]

Hello lads just checking if your wallet portfolio empire things are full of this new exciting crypto which may be close to your hearts.