These petitions don't do a thing, you can easily use multiple email addresses to sign this petitions so this ain't even a good way to estimate true backers.
But hey, I'm happy to be proven wrong.
Topic: Another U.S. Crypto Ban!? It's time for US to take ACTION! - page 2. (Read 346 times)
Binance.com stopping to give services to people from US does NOT mean US banned crypto! how do you even come up with that kind of conclusion?!
the only thing that it shows is that Binance.com does not want to or can not comply with US anti money laundering laws, it is possible that they are laundering money specially with all their tokens that they keep creating out of thin air without them being backed by anything (exactly what Bitfinex does with Tether).
it is also because they are creating a new platform for US citizens only https://www.coindesk.com/binance-says-its-launching-a-us-exchange-with-fincen-registered-partner
you gain financial freedom when you use a decentralized currency (ie. bitcoin) not a centralized website/service called Binance.
the only thing that it shows is that Binance.com does not want to or can not comply with US anti money laundering laws, it is possible that they are laundering money specially with all their tokens that they keep creating out of thin air without them being backed by anything (exactly what Bitfinex does with Tether).
it is also because they are creating a new platform for US citizens only https://www.coindesk.com/binance-says-its-launching-a-us-exchange-with-fincen-registered-partner
We have the right to financial freedom and congress must hear us.
you gain financial freedom when you use a decentralized currency (ie. bitcoin) not a centralized website/service called Binance.
In fairness, the OP has brought up a good point regarding the antiquated laws of the U.S. in relation to crypto. The U.S. has several agencies that are in conflict over the definition and treatment of cryptocurrencies, and they are simultaneously trying to exert pressure into the space. This has the effect of inconveniencing investors as companies must stop servicing Americans. Unclear regulations also prevent new companies from raising the capital they need to compete.
Fortunately, Binance will offer a website specifically for Americans, but it seems unclear when this will be available. There isn't a ban on crypto, but the lack of regulatory clarity is stifling competition.
Let's correct the wrong impression that this is a ban because this is not. All USA customers are to be transferred to another platform still under the management of Binance so they can be complying with US laws. Sure, there can be strict implementation of the KYC requisite but then that is the compromise they need to make in order to continue doing business in that big market. People who are afraid to submit the KYC requirements have to decide whether to stay or just go silently. In our modern and hi-tech world, no matter how complaints we can make, there is no way we can get away from the power of the government and that is the reality.
Binance.com stopping to give services to people from US does NOT mean US banned crypto! how do you even come up with that kind of conclusion?!
the only thing that it shows is that Binance.com does not want to or can not comply with US anti money laundering laws, it is possible that they are laundering money specially with all their tokens that they keep creating out of thin air without them being backed by anything (exactly what Bitfinex does with Tether).
it is also because they are creating a new platform for US citizens only https://www.coindesk.com/binance-says-its-launching-a-us-exchange-with-fincen-registered-partner
you gain financial freedom when you use a decentralized currency (ie. bitcoin) not a centralized website/service called Binance.
the only thing that it shows is that Binance.com does not want to or can not comply with US anti money laundering laws, it is possible that they are laundering money specially with all their tokens that they keep creating out of thin air without them being backed by anything (exactly what Bitfinex does with Tether).
it is also because they are creating a new platform for US citizens only https://www.coindesk.com/binance-says-its-launching-a-us-exchange-with-fincen-registered-partner
We have the right to financial freedom and congress must hear us.
you gain financial freedom when you use a decentralized currency (ie. bitcoin) not a centralized website/service called Binance.
Day by day U.S. citizens continue to have increasing limitations on participation in the Crypto space due to antiquated legal policies that have no business being applied to modern technology.
Binance's barring of U.S. trading is the beginning of a ripple effect that we will continue to see unless we take action.
We have the right to financial freedom and congress must hear us.
Take 5 seconds to sign the Change petition at: http://chng.it/ZzVSr7sL
Binance's barring of U.S. trading is the beginning of a ripple effect that we will continue to see unless we take action.
We have the right to financial freedom and congress must hear us.
Take 5 seconds to sign the Change petition at: http://chng.it/ZzVSr7sL
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