My crypto career has ended.
Aloha!
Aloha!
Quote: (04-07-2018 04:21 AM)Kona Wrote:
My crypto career has ended.
Aloha!
Quote:Quote:
Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash.
Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps” to pressure domestic trading platforms to drop support for altcoins that tout the ability for users to make anonymous transactions.
The FSA claims that these cryptocurrencies, which are generally much more difficult to track than Bitcoin (though in some cases still possible, due to user error and other factors), have become too closely linked with the criminal underworld.
Monero, for instance, is increasingly associated with “cryptojacking” attacks, where hackers infect computers with malware that hijack CPUs and use them to mine cryptocurrency.
...
As CCN reported, Japan’s licensed cryptocurrency exchanges recently formed a self-regulatory body that will have enforcement power over its members. Among other things, the organization may curate a whitelist of cryptocurrencies that exchanges are allowed to list, which would provide the FSA with an easy avenue to pressure exchanges to de-list cryptoassets of which it does not approve without having to codify the prohibition into official policy.
Quote: (04-30-2018 11:34 AM)Genghis Khan Wrote:
This might be bad news for anonymous coins like Monero. Could potentially trigger other nations to follow suit:
https://www.ccn.com/japan-is-pressuring-...eport/amp/
Quote:Quote:
Japan’s Financial Services Agency (FSA) is pressuring local cryptocurrency exchanges to de-list privacy-centric altcoins such as Monero, Zcash, and Dash.
Writing in Forbes, Tokyo-based journalist Jake Adelstein reports that sources close to the FSA say the regulatory agency — which has sole authority to grant licenses to cryptocurrency exchanges — is “taking all available steps” to pressure domestic trading platforms to drop support for altcoins that tout the ability for users to make anonymous transactions.
The FSA claims that these cryptocurrencies, which are generally much more difficult to track than Bitcoin (though in some cases still possible, due to user error and other factors), have become too closely linked with the criminal underworld.
Monero, for instance, is increasingly associated with “cryptojacking” attacks, where hackers infect computers with malware that hijack CPUs and use them to mine cryptocurrency.
...
As CCN reported, Japan’s licensed cryptocurrency exchanges recently formed a self-regulatory body that will have enforcement power over its members. Among other things, the organization may curate a whitelist of cryptocurrencies that exchanges are allowed to list, which would provide the FSA with an easy avenue to pressure exchanges to de-list cryptoassets of which it does not approve without having to codify the prohibition into official policy.
All the more reason for decentralized exchanges
Quote: (04-30-2018 04:02 PM)Sidney Crosby Wrote:
If I have some XMR on Binance will I be able to participate in the Monero V fork?
Quote: (11-29-2018 10:56 AM)Mikestar Wrote:
I have been reading on crypto on a while but I am a beginner and have never purchased any in my life yet. I set up Coinbase, finance and a mymonero wallet and I would like to buy some Monero. I want to buy and sell in British pounds, can anyone advise me on what the best method for this would be? Is it better to buy some bitcoin and then buy it off finance?
Another question I have is if I deposit in British Pounds is it wise to trade in Euros for example or will there be an exchange commission applied?
Quote: (11-30-2018 02:01 AM)The Grey Wrote:
Quote: (11-29-2018 10:56 AM)Mikestar Wrote:
I have been reading on crypto on a while but I am a beginner and have never purchased any in my life yet. I set up Coinbase, finance and a mymonero wallet and I would like to buy some Monero. I want to buy and sell in British pounds, can anyone advise me on what the best method for this would be? Is it better to buy some bitcoin and then buy it off finance?
Another question I have is if I deposit in British Pounds is it wise to trade in Euros for example or will there be an exchange commission applied?
Coinbase is great for your first crypto purchase using an insignificant amount for the purpose of seeing what happens. They have great user experience compared to others. But stop using coinbase after that. The reason is they charge almost 4% every time you either buy or sell.
I advise you to set up an account at Kraken, complete their verification process and do a sepa bank transfer (Normally takes working 1 day within europe). Then buy Monero here with 0.16-0.2% fees. Then send to your wallet.
If you wish to do this anonuomusly instead, use localbitcoin.
Quote: (11-30-2018 01:05 PM)Vincent Chase Wrote:
Quote: (11-30-2018 05:03 AM)Giacomo Casanova Wrote:
Great choice to buy Monero at those prices! Real bergain.
What does it do?