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Topic: Binance and Bitfinex moving out in Asia (Read 139 times)

copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
March 29, 2018, 01:38:05 PM
#3
Two largest crypto currency exchange look to exit Asia due to an impractical policies. https://www.ccn.com/two-largest-cryptocurrency-exchanges-look-to-exit-asia-due-to-impractical-policies/ what are your thoughts in this guys?
Well that's good move IMO, since binance from Japan and HK base IIRC and bitfinex from Taiwan and HK naman. And sa mga bansang yan is talagang strict especially na sa Japan. And regarding this past news about the warning of japans regulators to binance as it's not registered yet on Japan since they have offices there so it might some of their options.

May panandaliang at malaking epekto po ba ito sa global market especially sa mga traders at posible bang mangyari at madagdagan ang mga paligsahan among global economies at marami nng mgbubuild nng cryptocurrency businesses.
Epekto sa mga traders? Di ako sure if meron since wala pa namang official announcement from their side about sa mga account holders of the said exchanges if mag r'restrict sila sa mga outside of the continent lol since magiging Europe based na sila at di na from Asia, wala naman ganun, need lang talaga ng KYC for this kind of exchanges.

At wag mag papadala sa mga mag sasabi or mag p'post diyan na wala ng magagamit or ma lilimitahan ang mga traders sa asia kase nag si lipatan na mga exchanges in EU, there are so many EU based na exchanges na still ginagamit ng taga asia or in any part of the globe.
full member
Activity: 266
Merit: 107
March 29, 2018, 12:42:54 PM
#2
Talagang malaki ang magiging epekto nito sa mga traders. Mostly kasi ng mg traders ay nasa asia ang karamihan, kaya pag nagpatuloy to suguradong magkakaroon ng competition in terms of exchanges, kase pahirapan na pag nagkataon na ganon wala na masyadong exchanges na mapapasukan ng mga taga asia.
newbie
Activity: 63
Merit: 0
March 29, 2018, 11:24:02 AM
#1
Two largest crypto currency exchange look to exit Asia due to an impractical policies. https://www.ccn.com/two-largest-cryptocurrency-exchanges-look-to-exit-asia-due-to-impractical-policies/ what are your thoughts in this guys? May panandaliang at malaking epekto po ba ito sa global market especially sa mga traders at posible bang mangyari at madagdagan ang mga paligsahan among global economies at marami nng mgbubuild nng cryptocurrency businesses . Maraming salamat po sa mga tutugon. Smiley
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