CoinBase.com Do they Know somthing?

in #cryptocurrency7 years ago (edited)

Hayek-Free-Banking.jpg
By reading Coinbase New User Agreement, You can fell the regulation demands from the G-20 meating that will soon hit the CC market like a sledg hammer at the tivoli. (Miss and slam it to the ground, or hit and make it fly till the next big issue.)

Do they know what the regulations will be?
Or is it blind shot at the comming enforcment?

And the E-money license is prof of cooperation betwen coinbais and UK Government = Positive

https://techcrunch.com/2018/03/13/coinbase-emoney/

This sounds like the standar crypto Extanges has too live after, to make transaction with the Big Banks.
I hope that Taxation will not destroy the market in Europe, and othere countries.

Easyer way too freez your account.

2.2. Identity Verification. (clipart)

The information we request may include certain personal information, including, but not limited to, your name, address, telephone number, e-mail address, date of birth, taxpayer identification number, government identification number, and information regarding your bank account (such as the name of the bank, the account type, routing number, and account number). In providing us with this or any other information that may be required, you confirm that the information is accurate and authentic. You agree to keep us updated if any of the information you provide changes. You authorise us to make the inquiries, whether directly or through third parties, that we consider necessary to verify your identity or protect you and/or us against fraud or other financial crime, and to take action we reasonably deem necessary based on the results of such inquiries. When we carry out these inquiries, you acknowledge and agree that your personal information may be disclosed to credit reference and fraud prevention or financial crime agencies and that these agencies may respond to our inquiries in full. This is an identity check only and should have no adverse effect on your credit rating.

Then we will see more Crypto Heaven pop up, and I hope they get prosperous from it.
Not from illicit activities, but by the development from a healty CC market.

https://cointelegraph.com/news/running-up-that-hill-here-are-all-members-of-congress-involved-in-crypto

This Is my personal opinion, and no advice.
Let me hear your!

PS: Sorry for my bad dyslectic English! Hope you got a good giggle! ;)