China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity - page 2.

sosobtc-Regina

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Quote from: Xester on March 17, 2017, 02:51:36 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

How do you think of that?

Thats not a big news really, here in the Philippines it was implemented long ago and bitcoin industry is still booming. Theres nothing wrong providing the exchanges with your identity since that would fall into their records and it will be submitted only to the Central Bank. If the central bank is monitoring then it is much better since it will serve as a security for the users when big problems arises within the exchange.

Other countries are more flexible to bitcoin,China is strict to that,but it's a good thing,can offer a security way to invest bicoin.
Does bicoin can widely used in Philippines? Can you pay with Bitcoin?

sosobtc-Regina

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Quote from: Pursuer on March 17, 2017, 02:33:53 AM

should expect a new wave of FUD if this is activated by the Chinese government!

I don't get why people are so afraid of regulations though. it is actually a good thing for bitcoin exchanges to become regulated. they become a little bit safer and because of that they can attract more invertors/traders to bitcoin.

and besides whoever that is concerned about privacy and stuff like that have already been OTG trading and doing it p2p without a trace. the rest have already been giving their information to exchanges when they link bank accounts. so not much is going to change in the end Wink

Can't agree any more.

Xester

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Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

How do you think of that?

Thats not a big news really, here in the Philippines it was implemented long ago and bitcoin industry is still booming. Theres nothing wrong providing the exchanges with your identity since that would fall into their records and it will be submitted only to the Central Bank. If the central bank is monitoring then it is much better since it will serve as a security for the users when big problems arises within the exchange.

piebeyb

legendary

Activity: 2296

Merit: 1038

Bitcoin Trader

reasons that will eliminate the habit of being the anonymous user in bitcoin, I think it does not look appealing but if it is the decision of the government of china I think it is ridiculous but whatever it was I never trade on the trading site of china

Pursuer

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Where is my ring of blades...

should expect a new wave of FUD if this is activated by the Chinese government!

I don't get why people are so afraid of regulations though. it is actually a good thing for bitcoin exchanges to become regulated. they become a little bit safer and because of that they can attract more invertors/traders to bitcoin.

and besides whoever that is concerned about privacy and stuff like that have already been OTG trading and doing it p2p without a trace. the rest have already been giving their information to exchanges when they link bank accounts. so not much is going to change in the end Wink

sosobtc-Regina

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Activity: 53

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Quote from: freebutcaged on March 17, 2017, 01:37:02 AM

You know what you could do? you could find a non Chinese based exchanging crypto service and use them instead, but any where in the world you go if you try to deposit or withdraw fiat you will have to get verified so why the panic about this news?

NO panic, it's a good news for Chinese investor.The government relulates the exchanges,then bitcoin become more safe.

sosobtc-Regina

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Quote from: AtomicProject on March 17, 2017, 01:33:21 AM

i think in this way china want to find satoshi lol

What does satoshi mean?

freebutcaged

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You know what you could do? you could find a non Chinese based exchanging crypto service and use them instead, but any where in the world you go if you try to deposit or withdraw fiat you will have to get verified so why the panic about this news?

sosobtc-Regina

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Quote from: Herbert2020 on March 17, 2017, 01:28:19 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:22:26 AM

Quote from: Herbert2020 on March 17, 2017, 01:17:38 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

what is the source of this? is it a guess or is it actually a news?

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

How do you think of that?

nothing really. that means bitcoin exchange platforms would finally be regulated.
and in the end bitcoin exchanges would be like stock exchanges or Forex exchanges or .... nothing big really!

in fact i even say that is a great news because it simply means a lot of other people can trust these platforms and start trading bitcoin. and that means price going much higher because of all this new adoption.

Here is the [Suspicious link removed]j.com/articles/china-bitcoin-rules-would-require-exchanges-to-verify-clients-identity-1489721593?mod=e2tw
It's from THE WALL STREE JOURNAL

thanks for the link. apparently forum removes wsj.com as a suspicious link Grin

and because your rank is low
here is the correct link link though:
[Suspicious link removed]j.com/articles/china-bitcoin-rules-would-require-exchanges-to-verify-clients-identity-1489721593

and it seems like regulation is not yet "enacted".

Sorry to made a mistake Grin

Bitcoin needs to be regulated so that it's good for it grouping up.Then people can make more money from bitcoin Cheesy

AtomicProject

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Let's PUT IN!

i think in this way china want to find satoshi lol

sosobtc-Regina

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Quote from: CraigWrightBTC on March 17, 2017, 01:18:36 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

How do you think of that?

No problem because the comunity of bitcoin are not criminal it is good for growing bitcoin,
if the users wanna be anonymous they can buy bitcoin on localbitcoin.com paxpul.com
and they can use bitcoin mixing service are like bitmixer, cryptomixer and other bitcoin mixing service.

Actually yes.

Herbert2020

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Activity: 1946

Merit: 1137

Quote from: sosobtc-Regina on March 17, 2017, 01:22:26 AM

Quote from: Herbert2020 on March 17, 2017, 01:17:38 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

what is the source of this? is it a guess or is it actually a news?

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

How do you think of that?

nothing really. that means bitcoin exchange platforms would finally be regulated.
and in the end bitcoin exchanges would be like stock exchanges or Forex exchanges or .... nothing big really!

in fact i even say that is a great news because it simply means a lot of other people can trust these platforms and start trading bitcoin. and that means price going much higher because of all this new adoption.

Here is the [Suspicious link removed]j.com/articles/china-bitcoin-rules-would-require-exchanges-to-verify-clients-identity-1489721593?mod=e2tw
It's from THE WALL STREE JOURNAL

thanks for the link. apparently forum removes wsj.com as a suspicious link Grin

and because your rank is low
here is the correct link link though:
https://www.wsj.com/articles/china-bitcoin-rules-would-require-exchanges-to-verify-clients-identity-1489721593

and it seems like regulation is not yet "enacted".

sosobtc-Regina

newbie

Activity: 53

Merit: 0

Quote from: Herbert2020 on March 17, 2017, 01:17:38 AM

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

what is the source of this? is it a guess or is it actually a news?

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

How do you think of that?

nothing really. that means bitcoin exchange platforms would finally be regulated.
and in the end bitcoin exchanges would be like stock exchanges or Forex exchanges or .... nothing big really!

in fact i even say that is a great news because it simply means a lot of other people can trust these platforms and start trading bitcoin. and that means price going much higher because of all this new adoption.

Here is the [Suspicious link removed]j.com/articles/china-bitcoin-rules-would-require-exchanges-to-verify-clients-identity-1489721593?mod=e2tw
It's from THE WALL STREE JOURNAL

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

How do you think of that?

No problem because the comunity of bitcoin are not criminal it is good for growing bitcoin,
if the users wanna be anonymous they can buy bitcoin on localbitcoin.com paxpul.com
and they can use bitcoin mixing service are like bitmixer, cryptomixer and other bitcoin mixing service.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

what is the source of this? is it a guess or is it actually a news?

Quote from: sosobtc-Regina on March 17, 2017, 01:13:31 AM

How do you think of that?

nothing really. that means bitcoin exchange platforms would finally be regulated.
and in the end bitcoin exchanges would be like stock exchanges or Forex exchanges or .... nothing big really!

in fact i even say that is a great news because it simply means a lot of other people can trust these platforms and start trading bitcoin. and that means price going much higher because of all this new adoption.

sosobtc-Regina

newbie

Activity: 53

Merit: 0

China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity

How do you think of that?

Topic: China Bitcoin Rules Would Require Exchanges to Verify Clients’ Identity - page 2. (Read 1332 times)