U.S.-based users could continue to use the service by browsing the site with a VPN. Binance allows its users to sign up for a limited account without KYC — i.e. providing verification documents like a passport copy — which allows trading but limits withdrawals to two Bitcoin per day. That won’t satisfy more professional traders — most of whom you’d imagine would already have an account on Binance by now — but it does leave a loophole for others.
As recently as May 2021, Binance was under investigation by the U.S. government for tax fraud and money laundering, according to reporting by Bloomberg.
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SafeMoon price struggles to establish a clear floor after pulling back nearly 50% from the all-time highs it established in late October. Last Friday showed some evidence that a continuation move higher may occur, but that quickly fizzled out.
One key point to note about Safemoon crypto is that the developers haven’t really described any real-world use cases yet. The Safemoon protocol was hyped hugely by celebrities back in May, causing retail investors to jump on the bandwagon and push price higher. Following this, the price fell dramatically, leading many to claim that Safemoon was a ‘pump and dump’ scheme designed to make certain investors rich.
Some speculated the Chinese giant had missed its loan payments, however, Bloomberg reported it paid delayed interest on at least two loans to avoid a default.
4JNET encourages investors to hold for long periods of time by rewarding them for their patience. Investors who hold their 4JNET assets will receive additional tokens each day for as long as they hold.
WARREN DAVIDSON: The industry is basically pleading, give us some regulatory clarity.
Plus, a short seller’s $1m ‘bounty’ on Tether, more outflows from unloved UK stocks and Tom Stoppard’s Leopoldstadt
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The SafeMoon crypto wallet has been drumming up excitement among users because the team has been adding support for more coins. SafeMoon’s Karony revealed that the wallet would see additional listings this week and asked his followers which coins they would like to see.
Buying interest in options tracking cryptocurrency ‘exploded’ after launch of bitcoin exchange traded fund
So the product rewards people who hold onto it instead of trading it. By doing this, it implements a 10 percent penalty tax fee.
Tokens have been created to use smart contracts or tokens as a form of currency. They do not have a blockchain and are used on decentralized applications (dApps).
IG offers trading on nine of the most valuable cryptocurrencies: bitcoin, bitcoin cash, bitcoin gold, ether, ripple, litecoin, EOS, stellar (XLM) and NEO.
You might recall that back in the very early days of Covid-19 (or just “coronavirus” as it was then known), some crypto nutters enthusiasts started getting excited about the idea that the virus would be good for bitcoin because “paper money” “might be the source of #CORONAVIRUS #SARS2 infection”. After all, “fiat is dirty”:
Now one can ever be sure in this “space” but we *think* given that the blue line is so vertical that it literally bends backwards, and that the guy seems to have a sense of humour in his other tweets, this is a joke. We’re not sure “@unusual_whales” got the memo, did he, oh well. Can someone please make sure someone at Citi did? Jemima Kelly Add to myFT FT Alphaville Add to myFT Bitcoin Add to myFT Fintech Add to myFT Cryptocurrencies Add to myFT