Everest to Reach Mt. Everest Levels
This is my third time writing this because I fat fingered some buttons and there are no drafts for publishing ideas. I had a lot written. Sorry for the poor quality writing now.
- EVX: coin for Thailand
- Thailand added two new laws: news.bitcoin.com/thailand-pass-two-cryptocurrency-laws/
- First one is mandatory AML/KYC
>The first is the Act on Digital Asset Businesses. It requires the registration and know-your-customer (KYC) compliance of cryptocurrency operators including agents, dealers, and brokers, the news outlet detailed. It also imposes penalties and remedies for violations.
Good: Some tokens needs this. Bitcoin does not because bitcoin's use case is to be an immutable decentralized alternative currency, Travis Klng has an apt description on how to define bitcoin.
Bad: KYC/AML
- The second one is basically the same but adds taxes.
Additional note: central banks reserver the right to close and confiscate trading accounts at their will.
It looks like a cool idea.
- EVX: coin for Thailand
- Thailand added two new laws: news.bitcoin.com/thailand-pass-two-cryptocurrency-laws/
- First one is mandatory AML/KYC
>The first is the Act on Digital Asset Businesses. It requires the registration and know-your-customer (KYC) compliance of cryptocurrency operators including agents, dealers, and brokers, the news outlet detailed. It also imposes penalties and remedies for violations.
Good: Some tokens needs this. Bitcoin does not because bitcoin's use case is to be an immutable decentralized alternative currency, Travis Klng has an apt description on how to define bitcoin.
Bad: KYC/AML
- The second one is basically the same but adds taxes.
Additional note: central banks reserver the right to close and confiscate trading accounts at their will.
It looks like a cool idea.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.