Traditional finance markets, in crypto he US is the irrelevant one, more than half of all exhanges dont even operate in the US, you retards need an VPN to do anything in crypto but talk about relevance? Lmao
To protect USD.
Crypto actively removes liquidity from the US market. Our dollars are made, then DCA'd into overseas tokens without any taxes or accountability. Also, the more crypto is worth, the less fiat is worth, which threatens the economy.
Personally, I don't give a shit. Humanity is a net zero game. Fiat and crypto will be worthless when there's nothing to eat but some hardly grown corn because the ground is irradiated.
Aren't they making the industry just more consumer-safu? >more rules and regulations for exchanges >more secure and safer trades >EU government tier approval for cryptos
How the hell this is bearish? >The rules will impose a number of requirements on crypto platforms, token issuers and traders around transparency, disclosure, authorization, and supervision of transactions.
www.cnbc.com/amp/2023/04/20/eu-lawmakers-approve-worlds-first-comprehensive-crypto-regulation.html
That's true. These Defi platforms that are already MiCa compliant are already steps ahead and will be the obvious picks by institutional players when they want to get on boarded into the space.
Last I checked, Maker and Spool are already MiCa compliant. These are probably the most serious platforms aiming to achieve the "institutional grade" tag.
4 weeks ago
Anonymous
Hope they're also putting in work in other areas because being regulatory compliant is just one of many features institutional players will be looking out for.
4 weeks ago
Anonymous
That's not rocket science so I'm sure they've got that covered. I know Spool will be launching a v2 soon and I saw an article where they listed all the institutional grade products that'll be on this new version like smart vault guards, automated swaps, time locks, entry and exit guards, etc
coeld indeed be bullish too, as its about clarity.
dumb
they want to control and monitor every single aspects of your crypto and trades and make it as difficult as possible to on-board
the KYC bullshit is already pervasive and suspicious
In my country (Netherlands) many exchanges have announced their shutdown for 2024, probably because the regulations and rules are so immense it defeats the whole principle of crypto in general
>In my country (Netherlands) many exchanges have announced their shutdown for 2024, probably because the regulations and rules are so immense it defeats the whole principle of crypto in general
just use service providers in switzerland or some other place.
you think anyone who would be interested in crypto is out to pay taxes?
if anything it's anti-government, anti-central-bank and anti-money-printing movement
literally bullish all europoors do is sell what they had been allowed by their governments to buy in the past few years before they cracked down anywy. Theres a reason why the market dumps between Asian and US trading hours...
If you want to use an exchange that's not operating in your country, just create a basic limited company in any country you want and sign up as a company.
First of all, nobody cares about the chavs and slavs over there in Europe. Second of all, EU money is anywhere but in the US. Third of all, Kinetix and OKX easily compete with major centralized exchanges already, only stupid normies still using metamask use Binance and others like it.
So far only Uniswap has managed to surpass coinbase in volume. what makes you think some no name dex's can match their centralized (and more importantly, mainstream) counterparts? lol
>Kinetix and OKX easily cmpete with major centralized exchanges
Until a whale tries to do any business in them. One of those can easily take over half of total liquidity lol. DEX services are limited and controlled by retards.
>Nobody cares about chavs and slavs over there in Europe
Spotted the burger lead infested retard thinking America is still the behemoth it was in the Y2K's.
[...]
[...]
B-But... Sirs... This is bad... Really bearish, no good... What will happen to naggerInuCoin1000? It's so over...
>no no no EUnuchs making the free market less free is actually bullish ok i trust my unelected bureaucrat history majors to make decisions with my best interests in mind
the yuropoor brain never ceases to amaze me. it's like you guys took one look at china and went "we need to do THAT, except twice as gay"
>EU just announced that exchanges lose their license as of 2024
megabullish for DEXes
The US is the only relevant country in financial markets
No one cares about the EU
Pretty much this. Also, all the big EU funds operate in Asia and Middle East to avoid regulations.
Traditional finance markets, in crypto he US is the irrelevant one, more than half of all exhanges dont even operate in the US, you retards need an VPN to do anything in crypto but talk about relevance? Lmao
The US dollar is the NarcoPetroTechno dollar of the world. We should all work together to change that.
Sounds like europoors will soon need two vpns.
The why is the US actively trying to kill crypto then?
To protect USD.
Crypto actively removes liquidity from the US market. Our dollars are made, then DCA'd into overseas tokens without any taxes or accountability. Also, the more crypto is worth, the less fiat is worth, which threatens the economy.
Personally, I don't give a shit. Humanity is a net zero game. Fiat and crypto will be worthless when there's nothing to eat but some hardly grown corn because the ground is irradiated.
well then you move to exchanges in other juristictions.
proof or it didnt happen bobochud
Gate.IO is exit
Binance is exit
Aren't they making the industry just more consumer-safu?
>more rules and regulations for exchanges
>more secure and safer trades
>EU government tier approval for cryptos
How the hell this is bearish?
>The rules will impose a number of requirements on crypto platforms, token issuers and traders around transparency, disclosure, authorization, and supervision of transactions.
www.cnbc.com/amp/2023/04/20/eu-lawmakers-approve-worlds-first-comprehensive-crypto-regulation.html
coeld indeed be bullish too, as its about clarity.
This. Might suck short-term and for retail, but industry, banks, big investment companies NEED regulation.
That's true. These Defi platforms that are already MiCa compliant are already steps ahead and will be the obvious picks by institutional players when they want to get on boarded into the space.
Which ones fall into this category? Can't think of anyone atm
Last I checked, Maker and Spool are already MiCa compliant. These are probably the most serious platforms aiming to achieve the "institutional grade" tag.
Hope they're also putting in work in other areas because being regulatory compliant is just one of many features institutional players will be looking out for.
That's not rocket science so I'm sure they've got that covered. I know Spool will be launching a v2 soon and I saw an article where they listed all the institutional grade products that'll be on this new version like smart vault guards, automated swaps, time locks, entry and exit guards, etc
dumb
they want to control and monitor every single aspects of your crypto and trades and make it as difficult as possible to on-board
the KYC bullshit is already pervasive and suspicious
In my country (Netherlands) many exchanges have announced their shutdown for 2024, probably because the regulations and rules are so immense it defeats the whole principle of crypto in general
>In my country (Netherlands) many exchanges have announced their shutdown for 2024, probably because the regulations and rules are so immense it defeats the whole principle of crypto in general
just use service providers in switzerland or some other place.
Then they want KYC and see he is from netherlands, then block him
Same thing as for burgers
They care only about people paying the tax money. This allows governments to collect more money from peoples savings in tax form, so yeah, bullish.
you think anyone who would be interested in crypto is out to pay taxes?
if anything it's anti-government, anti-central-bank and anti-money-printing movement
i just go to BITCOIN ATM and buy with CASH lmao. KYC naggers can smd . Romania btw
> Stablecoins that become too large also face being limited to 200 million euros ($220 million) in transactions per day.
Why is the EU so fucking stupid? This is jackshit on a normal day, imagine this limitation during a bullrun
So all-in-btc it is
Its bullish. More clarity.
https://www.coindesk.com/policy/2023/10/19/coinbase-picks-ireland-as-eu-hub/
Good. So this means pajeets won't be able to scam White Europeans with their curry infested shitcoins anymore.
B-But... Sirs... This is bad... Really bearish, no good... What will happen to naggerInuCoin1000? It's so over...
this is bullish as fk
literally bullish all europoors do is sell what they had been allowed by their governments to buy in the past few years before they cracked down anywy. Theres a reason why the market dumps between Asian and US trading hours...
Yes, regulation for big boys to come in is in fact bullish, thanks for the reminder.
Why dont you just hodl bitcoin and pay using bybit card or such?
>bybit
they have a license in EU as of 2024?
Cyprus
Also who gives a shit
ADV works too and they habe none as far as i know
Revolut has and it's a literal bank, it allows you to spend your crypto
t. europoor
You can literally only buy/sell paper crypto on revolut. You hold no keys, you hold no actual assets.
wrong again, you can deposit and withdraw BTC like in any exchange
>inb4 muh altcoins
I'm not brown
You missed the bottom and/or lost all your money shorting the last few weeks.
Better luck next time.
If you want to use an exchange that's not operating in your country, just create a basic limited company in any country you want and sign up as a company.
KYS
hey i made that thread too
i love boboposting so much bros
this one is also mine:
There is literally just me here right
you are all part of my imagination
>catching on to the true nature of reality
Based god-emperor, but try to forget or you will feel the terrible loneliness
Brexit boys stay winning
>no yuropoors
Sounds bullish.
First of all, nobody cares about the chavs and slavs over there in Europe. Second of all, EU money is anywhere but in the US. Third of all, Kinetix and OKX easily compete with major centralized exchanges already, only stupid normies still using metamask use Binance and others like it.
Finally, source, chuddie.
Wester civilization will collapse pretty soon anyways so it's not like this shit is gonna be much different 10 years from now on
So far only Uniswap has managed to surpass coinbase in volume. what makes you think some no name dex's can match their centralized (and more importantly, mainstream) counterparts? lol
>Kinetix and OKX easily cmpete with major centralized exchanges
Until a whale tries to do any business in them. One of those can easily take over half of total liquidity lol. DEX services are limited and controlled by retards.
>Nobody cares about chavs and slavs over there in Europe
Spotted the burger lead infested retard thinking America is still the behemoth it was in the Y2K's.
bobonaggers will cling to whatever retarded narrative they can to open up 10 threads a day. yawwwwnn
>no no no EUnuchs making the free market less free is actually bullish ok i trust my unelected bureaucrat history majors to make decisions with my best interests in mind
the yuropoor brain never ceases to amaze me. it's like you guys took one look at china and went "we need to do THAT, except twice as gay"
and we are already at the bottom.. you greedy naggers couldn't help yourselves before the regulations.
I have a genius idea...maybe buy coins that comply with MICA regulations?
https://www.coindesk.com/learn/mica-eus-comprehensive-new-crypto-regulation-explained/
Bullish. The less CEX volume the better
China exit id
Bullish for LCX. Cope XCMtranny, you will always be an asian "male" manlet cuck.