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Topic: ✅ ✅ [ANN][PRE-ICO] 🚀 AZBIT - Cryptocurrency financial ecosystem from 🅰️ to Z - page 41. (Read 9823 times)

legendary
Activity: 2058
Merit: 1166
Well, Roger Ver talks with everyone who is willing to listen about Bitcoin Cash) But participation in the Consensus is cool, of course. I’d like to go there, but to pay $ 2 thousand for the entrance is too much, IMHO.

You realize that the conference is already over there? Next chance for you to go there is 2019.
sr. member
Activity: 637
Merit: 250
It's rather complicated)
All companies providing financial online services in the EU face such difficulties. For example, the well-known eToro brokerage crypto platform is registered in Cyprus, but to provide services in the UK they have a separate company in London and they even had a separate company in the US. The important thing is that customers are able to work comfortable and easy with the platform, regardless of the country they live in.
member
Activity: 80
Merit: 10
sr. member
Activity: 637
Merit: 250
Why will different services be registered in different countries?
This is the EU specific feature - a common market and common law, but first you have to register each service according to the local laws of any single EU country. In different EU countries local laws differ. In some countries registration can be done faster, that is what we are doing. And working in the global EU market, all our services registered in different EU countries will operate under EU legislation.
member
Activity: 80
Merit: 10
Why will different services be registered in different countries?
sr. member
Activity: 637
Merit: 250
And your bank will also operate in Estonia under EU laws?
We plan to obtain a banking license in Luxembourg, which is also EU member country. The payment system will be registered in the Czech Republic ( EU member country as well), we have already obtained a payment institution license (SPI) there.
member
Activity: 364
Merit: 10
And your bank will also operate in Estonia under EU laws?
sr. member
Activity: 637
Merit: 250
And how will your tokens be regulated?
AZS security tokens will be regulated in the same way as securities in the European Union. AZ utility tokens will be issued under the jurisdiction of one of the Central American countries. Our lawyers are now working on this issue.
member
Activity: 364
Merit: 10
And how will your tokens be regulated?
sr. member
Activity: 637
Merit: 250
What is this directive about?
Well, it’s not easy to answer your question briefly- we recommend you to look for the full text of the directive in Wikipedia. For example, the directive requires exchanges (and crypto exchanges) to categorize clients. “Retail” clients are afforded the most regulatory protection. This is only one paragraph, there are lots of them.
member
Activity: 80
Merit: 10
sr. member
Activity: 637
Merit: 250
If I understand correctly the services of Azbit’s platform will be regulated by Estonian laws.
It's more accurate to say - by EU laws (Estonia is EU member country). In particular, Azbit Ltd. and the regulated Azbit Pro exchange will comply with the EU’s MiFid directive.
member
Activity: 364
Merit: 10
If I understand correctly the services of Azbit’s platform will be regulated by Estonian laws.
sr. member
Activity: 637
Merit: 250
Bitsane - No. 166 on CoinMarketCap. Is it a successful crypto exchange?!

 
In January Bitsane had a turnover of 13 million per day, this was due to positive feedback from CNBC. Once Mt.Gox and BTCe were the top crypto exchanges, and where are they now? The indicator of success is not only the trading volume, but also smooth implementation of trade, compliance with all laws, established banking and payment transactions. This is a solid basis for trading and investment functionality.



Those are a bit bad examples as they both of a long history of fraudulent activity.
It's a known fact today. But no one denies they both were on the top.
full member
Activity: 365
Merit: 100
Bitsane - No. 166 on CoinMarketCap. Is it a successful crypto exchange?!

 
In January Bitsane had a turnover of 13 million per day, this was due to positive feedback from CNBC. Once Mt.Gox and BTCe were the top crypto exchanges, and where are they now? The indicator of success is not only the trading volume, but also smooth implementation of trade, compliance with all laws, established banking and payment transactions. This is a solid basis for trading and investment functionality.



Those are a bit bad examples as they both of a long history of fraudulent activity.
sr. member
Activity: 637
Merit: 250
It seems that many crypto projects will evolve towards their own ecosystems. The first that comes into my mind is Circle.
Circle - yes, it’s a very interesting project. But as far as we know, they deal with large investors - hedge funds, crypto whales and so on. Azbit ecosystem is focused on a wide audience of crypto users, regardless of their experience and the amount of crypto assets. Again, there are no SAMM / RAMM services on the Circle platform. And as far as we know it is not planned.
member
Activity: 224
Merit: 10
It seems that many crypto projects will evolve towards their own ecosystems. The first that comes into my mind is Circle.
sr. member
Activity: 637
Merit: 250
I understand the main feature of the Azbit ecosystem is the investment platform?
Yes, that's right. Plus, the ecosystem as a whole. All Azbit’s services will work under a single financial ecosystem. This will save money, time and will significantly increase the level of security.
member
Activity: 224
Merit: 10
I understand the main feature of the Azbit ecosystem is the investment platform?
member
Activity: 234
Merit: 10
If the entrance was free, 800 thousand visitors would have come instead of 8 thousand.
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