So based on the article, he is being decided on where they will send Kwon right? Being arrested with false documents? It should've been more right? it's really hard to find the right justice for the people who are affected by Kwon's scam
In Korea, a new law has been passed under which Do Kwon will receive life in prison. In the United States, he will receive several decades of imprisonment if he gives up everything and cooperates with the authorities. In Montenegro he can buy his freedom and justice because he has a lot of money. Therefore, Do Kwon will try to stay in Montenegro as much as possible. |
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The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.
What is your view and your opinion about Ethereum? You can share if you want.
Don't forget to visit the official thread. https://bitcointalk.org/index.php?topic=428589.26180I believe that investing in Ethereum is very conservative. This ecosystem has a great future and Ethereum is not threatened by SEC regulation. In the worst case scenario, the team will pay a small fine. Investors prefer more dynamic assets, where the price can increase by 500-1000%, and Ethereum has little chance of such things. |
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But hey, in a country that even taxes every sports bet or poker hand you are playing (every time 5% of the amount bet or won), what else would you expect, right.
The bolded part cannot be so because by simple compound interest there could be no winning poker players, and Germany has produced a very good number of them. I think you are confusing the tax that is applied to pots or buy-ins with the tax that is applied to profits, to which income tax is applied.As for the tax residency in Germany that the OP asks, it is the same as in other countries in Europe: you have to spend a minimum of 6 months living there.This for people who are in the same case as the OP, living very close to a country with a better tax treatment, it is very tempting to rent a house to claim tax residency but without actually spending the required time. To this I have to warn that the tax authorities of the countries have become more and more sophisticated and can analyze things like electricity consumption or credit card payments and if you have not spent the minimum time you are going to have a problem. Betting on sports in Germany the 5% tax has to be paid while making the bet. It doesn’t matter if the bet wins or loses, when you bet 100€ the amount shown on your betting slip will be 95€ since the tax is deducted immediately . About poker you are right. About the residency, if you have a residency ( rented house or whatever in your name which is registered ) there is some tax you will pay , not only if you stay in Germany longer than 183 days. The 183 rule is for income tax. Gains from investments fall under a different tax as far as I know . This tax is called Abgeltungssteuer. I don't know anything about taxes on cryptocurrencies in Germany, but I want to draw your attention to one very important point: 183 days. From the experience of my friends, this does not work automatically. If, by law, you are not a tax agent of your country because you live in another country, then you must first deregister from the tax register in your country and then register with the tax office of another country. |
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I have already written about how this system works. If you have 1000 dollars in your account, then there is no point in following you and wasting resources. You will either lose tokens or your balance will increase to such an amount that they will monitor you and wait until you make a mistake and transfer the tokens to the custodial service.
And many well-known large DEHs will work through white lists and KYC providers in a few years.
If the source code for these DEXes is distributed under GPL or a similar license, then it is pretty easy to fork the DEX codebase remove the KYC and whitelist checks and start the same DEX under a different name, without the KYC and whitelists. In that case I would expect that users and their money will move from the old to the new DEX. The governments may try to make illegal development of KYC-less DEXes, but I am not sure if that will work either. The most likely to work approach is to put under control the conversion of crypto to and from fiat. That approach will be especially effective once they replace cash and most of bank money with CBDCs. I always show my opponents this link so that they understand what decentralization is. It is a decentralized ecosystem, but it is not in demand. Or do you think that enthusiasts will provide good liquidity in such ecosystems? https://defillama.com/chain/EthereumClassicYou are right that KYC and whitelisting are not the only way. The easiest way is to pay rewards to informants. |
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"The Central Bank of Russia revealed 782 cryptocurrency financial pyramids At the same time, in the first quarter, 403 organizations with signs of financial pyramids were identified, in the second - 551, in the third - 527. In the first nine months of 2022, the Central Bank identified more than 3.5 thousand companies with signs of illegal activity in Russia. Of these, about 1.5 thousand companies with signs of financial pyramids, more than 1,200 illegal creditors and over 900 illegal forex dealers. "The number of identified financial pyramids is much more than in the nine months of last year (424 financial pyramids)," RIA Novosti quotes the words of the press service of the Central Bank of the Russian Federation." https://tvzvezda.ru/news/20221018633-3ZiF5.htmlAre there a lot of scams in your countries too? The Central Bank identified more than 5.7 thousand financial pyramids and illegal brokers in 2023 "In 2023, the Bank of Russia identified more than 5.7 thousand pyramids and illegal financial service providers, which is 15.5% more than in 2022, according to the Central Bank’s materials. “In 2023, the regulator discovered 15.5% more financial pyramids and illegal brokers than a year earlier,” notes the Bank of Russia. According to the regulator, 46% more financial pyramids were identified compared to 2022, and illegal lenders - by 9%. At the same time, the number of illegal participants in the securities market decreased by almost 30%." |
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https://astar.network/blog/deloitte-tohmatsu-group-transforms-the-sports-industry-with-56669"Deloitte Tohmatsu has developed a baseball-themed NFT game app, a pioneering project on the Astar zkEVM. This game includes a digital baseball batting practice system where players earn NFT 'Emblems', adding a new growth element to the experience of young players improving their batting skills. Further, Deloitte Tohmatsu supports diverse blockchain-based service development, holding and providing essential blockchain programs as APIs. In June 2023, these capabilities were integrated into "LIFE LOG BOX," a creator support platform on Polygon."
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I would like to discuss one point.
Zhao is awaiting trial in the US at the end of February. Previously, you read the news that the US government banned Zhao from leaving the country until a court decision and did not even let him out to see a sick relative on a huge bail of 4.5 billion dollars.
Why?
If Zhao does not come to court, he will lose a lot of money and will be wanted.
Is Zhao's fate now being decided or has it already been decided?
Is this a form of pressure or will Zhao get a prison sentence?
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Gary Gensler may look like a clown sometimes, but he's no fool. Any collar should be put on gradually. At first the sum will be 50 million, and many people don’t care about it. Then the amount will decrease to 5 million, but it will be difficult to argue with this, because there will be large fines or prison sentences for violations. And in the United States, such crimes have no statute of limitations. And then this amount can be reduced to 100-500 thousand.
Yes, your point of view is reasonable, but here we have an important question: How will they be able to prosecute violators if they do not have the required information? I mean for a DEX that doesn't enforce KYC and protects user privacy how are they going to force them to provide information? Does this mean they will force every DEX to submit to KYC, AML and anti-terrorism standards? Then all this sensitive information will be in the possession of the American government!! Are there any liquidity providers that accept these new standards? I have already written about how this system works. If you have 1000 dollars in your account, then there is no point in following you and wasting resources. You will either lose tokens or your balance will increase to such an amount that they will monitor you and wait until you make a mistake and transfer the tokens to the custodial service. And many well-known large DEHs will work through white lists and KYC providers in a few years. |
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So here's my question bitcointalkers, how could crypto shape real world assets and AI positively? What potential excites you the most? Let me know your thoughts on these groundbreaking developments!
I think this is another advertisement for the sale of tokens. I wrote about similar projects 4 years ago https://realt.co/https://bitcointalk.org/index.php?topic=5185915.msg54164595#msg54164595These projects are developing very slowly due to restrictions in each country and lack of legislation, so now it is most like a centralized platform with white lists that works on the blockchain. I too have seen reports of Real World Assets growing by 2030, but these platforms will not be decentralized and are not like the NFT market or Uniswap. |
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I bought Solana for a little more than 20 dollars and already took a profit. This is another pump for hamsters to sell them expensive coins again. I do not exclude price increases in the range of 200-300 dollars, but I am not ready to take risks for a 200-300% profit. Solana's partners have already received pre-orders for a huge batch of new phones. Solana will live on, but there are many more interesting ecosystems to invest in right now.
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It has always been advised not to hold your assets in exchanges. it is a very risky venture to do so.
As for metamask, I have been using it for years and I have had no security isssues using them. I speak for myself though, someone might have a contrary opinion.
Any software cryptocurrency wallet will not protect you from viruses or exploits. I have been using Metamask for a long time, but only in conjunction with a hardware wallet. And for testing projects or for wallets with amounts up to $100, I do not use a hardware wallet. You can create many wallets in Metamask and it is very convenient. |
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Warren Buffett is still a Bitcoin sadist till today and he doesn't believe that Bitcoin have any monetary value at all but that one is left to him. There are many people that had been asking for the regulation of Bitcoin by the government because of so many big scams that had happened before now. If Bitcoin ever get regulated, it are not going to be the same again like we used to enjoy it.
I'm not a big fan of Warren Buffett, but I like his thoughts and sometimes agree with them. Warren Buffett said one brilliant phrase that "Bitcoin will someday cost $0". This should not be taken literally. He understands that the price of Bitcoin will be manipulated and says that the price of Bitcoin will first reach certain heights, and then will remain at the bottom for a very long time, because manipulators will no longer be interested in this asset. But he doesn't tell us when this will happen. |
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What is this bullshit? Registration under the rules of the Securities and Exchange Commission means submitting documents, identification papers, revealing identity and all other details, as well as providing proof of the source of funds, etc. This is completely inconsistent with the concept of DEX. Who will surrender their neck to the sword of the American government?
Now liquidity providers have two options: either operating underground illegally or fleeing to a place outside the authority of the US government.
Gary thinks he can turn DEX into central banks under government control, this guy is getting so funny I think he needs a psychiatrist!!!
Gary Gensler may look like a clown sometimes, but he's no fool. Any collar should be put on gradually. At first the sum will be 50 million, and many people don’t care about it. Then the amount will decrease to 5 million, but it will be difficult to argue with this, because there will be large fines or prison sentences for violations. And in the United States, such crimes have no statute of limitations. And then this amount can be reduced to 100-500 thousand. |
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Вы ждете нывых АТН в этой монете?
Мне не очень нравится экосистема, но я допускаю рост на 200-300%. Но анализировать монету слдожно из за большого количества махинаций вначале и непонятно у кого сейчас большинство токенов.
Я вообще крайне осторожно отношусь к такого рода активам, и набираю TON на копейки (сдачу). Имхо, здесь основной движ может быть из-за встройки в TG. Я попробовал и этим дерьмом пользоваться не буду. Боты надоели. Если мне нужен платеж, то я получу адрес в переписке и заплачу с нормального кошелька. Телеграмм знает телефон и это полная идентификация клиента. |
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https://www.sec.gov/news/press-release/2024-14" Feb. 6, 2024 — The Securities and Exchange Commission today adopted two rules that require market participants who engage in certain dealer roles, in particular those who take on significant liquidity-providing roles in the markets, to register with the SEC, become members of a self-regulatory organization (SRO), and comply with federal securities laws and regulatory obligations. .. Under the final rules, any person that engages in activities as described in the rules is a “dealer” or “government securities dealer” and, absent an exception or exemption, required to: register with the Commission under Section 15(a) or Section 15C, as applicable; become a member of an SRO; and comply with federal securities laws and regulatory obligations and applicable SRO and Treasury rules and requirements." ___ "Liquidity providers on DEXs with assets greater than $50,000,000 are required to register with the SEC rules ."
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https://cointelegraph.com/news/ai-generated-fake-ids-pass-crypto-exchange-kyc-onlyfakeAI-generated fake IDs claimed to pass crypto exchange KYC are selling for $15 "A new service claiming to use artificial intelligence (AI) “neural networks” and “generators” to create fake driver licenses and passports has reportedly succeeded in passing Know Your Customer (KYC) checks on multiple crypto exchanges. The cost? Only $15 a pop. The site, OnlyFake, generates realistic fake driver’s licenses and passports from 26 countries, including the United States, Canada, Britain, Australia and multiple European Union countries, and takes payment in multiple cryptocurrencies through Coinbase’s commercial payments service. 404 Media reported on Feb. 5 that it successfully bypassed the KYC verification of crypto exchange OKX using a photo of a British passport the outlet generated with the site, where the ID appeared to be laid on a bedsheet as if a picture of it was taken."
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https://news.bitcoin.com/spanish-treasury-cryptocurrency-seizures/" Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is giving the first steps by declaring electronic money entities as tax collection agents."
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https://www.chainalysis.com/blog/crypto-crime-2024-pump-and-dump/"54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump Schemes, but Represent just 1.3% of DEX Trading Volume For most of the research that we publish in our annual Crypto Crime Report, the data tells a clear story. For instance, funds sent to ransomware operators, darknet markets, or sanctioned entities can be measured and trends can be analyzed with Chainalysis labeling and data. But blockchain data can also be used to detect suspicious trading patterns. In these cases, the evidence on the blockchain is less definitive. Instead, on-chain data can provide a starting point for deeper investigations, usually combined with other, off-chain information. For this reason, we do not include possible market manipulation proceeds or estimates of victim losses in our count of total illicit transaction volume — there isn’t enough information to determine whether the activity is criminal or not without additional context. "
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https://www.theblock.co/post/275718/hong-kong-finance-firm-vsfg-targets-to-apply-for-spot-ethereum-etf-in-q2"VSFG said it aims to submit an application for a spot Ethereum ETF in Hong Kong in the second quarter if it successfully launches spot bitcoin ETF in the first quarter. Venture Smart Financial Holdings Ltd. (VSFG), a Hong Kong-based financial services firm, is preparing to apply for a spot Ethereum exchange-traded fund (ETF) in anticipation of potentially launching its spot bitcoin ETF in the first quarter. In a Friday interview with The Block, VSFG Chairman Lawrence Chu said that the firm is in the final phase of officially submitting its application for a spot bitcoin ETF to the Hong Kong Securities and Futures Commission."
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