Topic: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed - page 106. (Read 118776 times)

usually bank concept projects like this are in great demand by investors and hopefully include this project because I also believe the team will work hard to develop the project especially with the full support of the bounty in promoting the project, of course it will make it easier to introduce this HYPNOSECOIN project to investor.

usually bank concept projects like this are in great demand by investors and hopefully include this project because I also believe the team will work hard to develop the project especially with the full support of the bounty in promoting the project, of course it will make it easier to introduce this project to investor.

Ur project is superb but from my point of view it needs more promoting
What are the next event are u going to participate?
It will be helpful in the way of spreading the word about project

Ur project is superb but from my point of view it needs more promoting. What are the next event are u going to participate? It will be helpful in the way of spreading the word about project

I need to know more details to make a clear decision. Where do you post the updates and news?

I need to know more details to make a clear decision. Where do you post the updates and news?

Bitcoin (BTC) Likely to Pump Once More Before Significantly Retracing:
Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the Crypto Winter over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead.

Bitcoin (BTC) Stable at $5,300
At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.

“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent.

Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

Bitcoin (BTC) Stable at $5,300

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.

    “4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent.

Karena Cryptocurrency merupakan sebuah aset yang belum diketahui oleh sebagian besar orang di dunia ini,dan mungkin hanya penggemar crypto saja yang tahu tentang ini.Dengan sifat cryptocurrency yang sangat volatil,yaitu keuntungan dan kerugian dalam trading sangatlah ekstrem.karena kita bisa untung sangat banyak dan bisa juga mengalami kerugian besar.
dengan ini banyak orang mengatakan cryptocurrency bisa dikategorikan dalam hal penipuan,karena mereka memandang cryptocurrency suatu hal yang negatif,dengan alasan harganya yang dapat naik dan turun cukup cepat dan membuat trader untung atau menderita kerugian besar dalam waktu yang sangat singkat.
Lalu bagaimana kita dapat menyakinkan bahwa cryptocurrency bisa dikatakan sah...?


sumber:
https://cryptoharian.com/category/informasi-cryptocurrency/
dan
https://cryptoharian.com/bagaimana-prediksi-bitcoin-oleh-para-investor-terkenal/

Great sportsbook for bitcoin sports betting sites. BetBTC.co has been one of the better BTC-focused bookies I’ve used and really enjoyed. They keep the site completely clean and the navigation is excellent. BetBTC.co isn’t exactly re-inventing the wheel with their bonus offerings, but I feel the site more than makes up for its “industry-standard” bonus with an amazingly easy-to-use product that is devoid of any crazy flash or fancy graphics.

~snip~
1. Always make sure you do your own research before investing in any cryptocurrency don’t ask people what to buy, rather you can ask for opinions on specific blockchain technology this way you will learn and not blindly follow market bubbles off the cliffs

2.  Ask questions on forums and community such as telegram, bitcointalk cryptocurrency group, facebook, reddit etc.

3. Please never invest more than you can afford to lose. Don't invest your life saving as the investment might not go well and you could lose everything.

4. Don't keep all of your assets or coins on exchanges. It's adviceable to store assets in cold wallets.

5. Always add and enable extra security to your account such as Google Authenticator, Pins to ensure that only you have access to your account.

6. Always back up your wallet offline. A fire proof safe with printouts of your private keys and a flash drive for immediate access.

7. Investing in crypto is all about patience. Buy low and wait for the right time to sell high.

Archive

---

Hmmmm.... How about this article:

13 Beginner Tips for Cryptocurrency Newbies (June 03, 2017)
https://cryptonigeria.blogspot.com/2017/06/cryptocurrency-beginners-tips.html


~snip~

I have visited this user post history and find out most of the post about 90% is copied from another site[ and post the site link in the post]. And I think this is also plagiarism.

I work with a team of writers that have very good experience in journalism - crypto-related content such as news/analysis/press release.

100% unique in-depth detailed, well-researched & quality articles on ICOs, bitcoin and other cryptocurrencies.

In 2016 the European Central Bank (ECB) discussed the use of digitisation and new technologies and how such may affect the banking systems of tomorrow. The ECB reflected on the utilisation of Distributed Ledger Technologies (DLT), their potential impact in improving credit institutions internal efficiencies, the possibility of a critical core of market players making use of such technology leading to the shift in the modus operandi of a large market segment, and the revolutionary scenario of a peer-to-peer world without intermediaries.

The peer-to-peer reality is much stronger outside the European territories. China, for example, has been making use of peer-to-peer lending through WeChat for a number of years although a slow down has been recorded due to liquidity or insolvency matters.

https://paperblockchain.com/blockchain-technology-in-the-banking-world/

As we reported, ADA was bound to start putting up some significant numbers, with key developments taking place. At the time of press, the coin is already proving itself different by posting significant gains in what is largely a bearish market. At the time of press, ADA is up by close to 3% and trading for $0.045523.

This is significant as it sees the coin extend its gains following yesterday’s rally that saw prices spike for the coin and hit as high as $0.046. Although the rally was met by a price correction seeing the coin fall back to $0.044 by the early hours of today. The upward trend being set now could see the coin retest the $0.046 position again, quite possibly establishing a higher resistance level and support position.

For the wider market, most coins are recording drops of 0.30% to 4%, seeing the total market cap come at a risk of dropping below $134 billion. Led by Bitcoin, yesterday saw many of the major coins spike in prices. For Bitcoin, despite rallying as high as $3,981, the coin was unable to break through and hit $4,000.

https://paperblockchain.com/cardano-ada-remains-bullish-and-overtakes-bitcoin-sv-as-market-sees-slight-price-slip/

Site looks great The bare bones design and feature set does give reliability and solidity.more sports update needed. The bet history, profit and loss and account statements are fantastic.The minimum  bet of 1m฿ is much too high.

BetBTC has a simple, clear layout and options. There is zero wow factor or fun factor, the design is basic and functional.

The bare bones design and feature set does give reliability and solidity. There is no clutter and BetBTC make navigation easy with clear menus, breadcrumbs and a search function.The bet history, profit and loss and account statements are fantastic.

It’s annoying that your balance is not displayed around the site, you have to click on your user icon to see it. Even on the withdrawal screen you can’t see your withdrawable balance!

The min bet of 1m฿ is much too high.

As we know, The Proof-of-Stake consensus system will ensure maximum decentralization, energy efficiency and provide a mechanism for all to earn rewards through the process of staking.
...

...
(Another mechanism Hybrid Pow/PoS) However, Proof of Stake (PoS) means that the more of the underlying cryptocurrency that you own (stake), the more rewards you get. There is still a tiny bit of computation involved, but it is minimal when compare to PoW. A Hybrid PoW/PoS system is a middle ground between the two. It still requires a lot of computing power for the PoW aspect. However, the amount of computers needed is less because it also requires you to hold some of the underlying cryptocurrency as a stake for the PoS aspect.

Ok, PoS is potential into futures with saving energy consumption. As soon Dev Ethereum shortly will soon announce about ETH 2.0 and start a consensus PoS.

Proof of Stake (PoS) means that the more of the underlying cryptocurrency that you own (stake), the more rewards you get. There is still a tiny bit of computation involved, but it is minimal when compare to PoW.

A PoW/PoS hybrid system is a middle ground between the two. It still requires a lot of computing power for the PoW aspect. However, the amount of computers needed is less because it also requires you to hold some of the underlying cryptocurrency as a stake for the PoS aspect.

What is RSI?

The Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of recent price changes to assess the overbought or oversold conditions in a stock or other assets. The RSI is shown as an oscillator (a line graph that moves between two extremes) and may have readings from 0 to 100. The indicator was originally developed by J. Welles Wilder and introduced in his seminal book 1978, "New Concepts in Technical Trading Systems."


OVERBOUGHT AND OVERSOLD



The traditional interpretation and use of RSI is that values ​​of 70 or above indicate that a security becomes overbought or overvalued and may be primed for a reversal trend or corrective pullback in price. RSI reading of 30 or less indicates an oversold or undervalued condition.


TIPS FOR OVERBOUGHT AND OVERSOLD INFORMATION



The main trend of stock or asset is an important tool in ensuring that indicator readings are understood properly. For example, the famous market technician Constance Brown, CMT, promotes the idea that an oversold RSI reading at an uptrend is likely to be higher than 30%, and overbought reading on RSI in a downtrend is less than 70% level.

As you can see in the following chart, during a downtrend, RSI will be the highest close to the 50% level instead of 70%, which investors can use to more easily imply bearish conditions. Many investors will apply a horizontal trendline of between 30% or 70% levels when a strong trend is in place to better identify extremes. Changing overbought or oversold levels when the price of a stock or asset is in the long-term, horizontal channel is often unnecessary.


Techniques for Using RSI Indicator

Divergences

A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low match corresponding to the lower price tendencies. This implies increasing bullish momentum, and the break above oversold territories can be used to trigger a new long position.


SWING REJECTIONS BULLISH



Other trading procedures define the RSI behavior when re-emerging from overbought or oversold territory. This signal is called a bullish "swing rejection" and there are four parts:

1- The RSI exceeds its overbought territory.
2- The RSI is crossing back to 30%.
3- RSI forms another dip without crossing back into oversold territory.
4- Then it surpasses its recent superiority.

As you can see in the next chart, the RSI indicator is oversold, broken by 30% and low rejection triggered signal when it jumps higher. The use of RSI in this way is similar to drawing the trendline on a price chart.


SWING REJECTIONS BEARISH



Like divergences, there is a bearish signal swing rejection version that looks like a mirror image of the bullish version. There is a decline in the bearish swing.

1- RSI has risen to the overbought territory.
2- The RSI is crossing back to 70%.
3- The RSI rises not crossing back to the overbought territory.
4- After it has exceeded its recent lowliness.

LEARN THE YOUTUBE RSI TUTORIAL

What Is The Relative Strength Index - RSI?
The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder Jr. and introduced in his seminal 1978 book, New Concepts in Technical Trading Systems.


Traditional interpretation and usage of the RSI is that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition.


Key Takeaways
The RSI is a popular momentum oscillator developed in 1978.
The RSI compares bullish and bearish price momentum plotted against the graph of an asset's price.
Signals are considered overbought when the indicator is above 70% and oversold when the indicator is below 30%.

The Formula For RSI Is
The relative strength index (RSI) is computed with a two-part calculation that starts with the following formula:


The average gain or loss used in the calculation is the average percentage gain or losses during a look-back period. The formula uses positive values for the average losses.


The standard is to use 14 periods to calculate the initial RSI value. For example, imagine the market closed higher seven out of the past 14 days with an average gain of 1%. The remaining seven days all closed lower with an average loss of -0.8%. The calculation for the first part of the RSI would look like the following expanded calculation:



Once there are 14 periods of data available, the second part of the RSI formula can be calculated. The second step of the calculation smooths the results.



How To Calculate RSI
Relative Strength Index (RSI)
Using the formulas above, RSI can be calculated, where the RSI line can then be plotted alongside an asset's price chart.

The RSI will rise as the number and size of positive closes increase, and it will fall as the number and size of losses increase. The second part of the calculation smooths the result, so the RSI will only near 100 or 0 in a strongly trending market.


TradingView.
As you can see in the above chart, the RSI indicator can remain in "overbought" territory for extended periods while a stock is in an uptrend. The indicator can stay in "oversold" territory for a long time while a stock is in a downtrend. This can be confusing for new analysts, but learning to use the indicator within the context of the prevailing trend will clarify these issues.

What Does RSI Tell You?
The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, well-known market technician Constance Brown, CMT, has promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level.

As you can see in the following chart, during a downtrend, the RSI would peak near the 50% level rather than 70%, which could be used by investors to more reliably signal bearish conditions. Many investors will apply a horizontal trendline that is between 30% or 70% levels when a strong trend is in place to better identify extremes. Modifying overbought or oversold levels when the price of a stock or asset is in a long-term, horizontal channel is usually unnecessary.


TradingView.
A related concept to using overbought or oversold levels appropriate to the trend is to focus on trading signals and techniques that conform to the trend. In other words, using bullish signals when the price is in a bullish trend and bearish signals when a stock is in a bearish trend will help to avoid the many false alarms the RSI can generate.

Example Of How To Use The RSI Indicator
Divergences
A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.

A bearish divergence occurs when the RSI creates an overbought reading followed by a lower high that matches corresponding higher highs on the price.

As you can see in the following chart, a bullish divergence was identified when the RSI formed higher lows as the price formed lower lows. This was a valid signal, but divergences can be rare when a stock is in a stable long-term trend. Using flexible oversold or overbought readings will help identify more valid signals than would otherwise be apparent.


TradingView.
Swing Rejections
Another trading technique examines the RSI's behavior when it is re-emerging from overbought or oversold territory. This signal is called a bullish "swing rejection" and has four parts:

RSI falls into oversold territory.
RSI crosses back above 30%.
RSI forms another dip without crossing back into oversold territory.
RSI then breaks its most recent high.
As you can see in the following chart, the RSI indicator was oversold, broke up through 30% and formed the rejection low that triggered the signal when it bounced higher. Using the RSI in this way is very similar to drawing trendlines on a price chart.


TradingView.
Like divergences, there is a bearish version of the swing rejection signal that looks like a mirror image of the bullish version. A bearish swing rejection also has four parts:

RSI rises into overbought territory.
RSI crosses back below 70%.
RSI forms another high without crossing back into overbought territory.
RSI then breaks its most recent low.
The following chart illustrates the bearish swing rejection signal. As with most trading techniques, this signal will be most reliable when it conforms to the prevailing long-term trend. Bearish signals in negative trends are less likely to generate a false alarm.


TradingView.
The Difference Between RSI and MACD
The Moving Average Convergence Divergence (MACD) is another trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD, called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell, or short, the security when the MACD crosses below the signal line.

The RSI aims to indicate whether a market is considered to be overbought or oversold in relation to recent price levels. The RSI calculates average price gains and losses over a given period of time; the default time period is 14 periods with values bounded from 0 to 100.

The MACD measures the relationship between two EMAs, while the RSI measures price change in relation to recent price highs and lows. These two indicators are often used together to provide analysts a more complete technical picture of a market.

These indicators both measure momentum in a market, but because they measure different factors, they sometimes give contrary indications. For example, the RSI may show a reading above 70 for a sustained period of time, indicating a market is overextended to the buy side in relation to recent prices, while the MACD indicates the market is still increasing in buying momentum. Either indicator may signal an upcoming trend change by showing divergence from price (price continues higher while the indicator turns lower, or vice versa).

Limitations Of The RSI
The RSI compares bullish and bearish price momentum and displays the results in an oscillator that can be placed alongside a price chart. Like most technical indicators, its signals are most reliable when they conform to the long-term trend. True reversal signals are rare and can be difficult to separate from false alarms. A false positive, for example, would be a bullish crossover followed by a sudden decline in a stock. A false negative would be a situation where there is bearish crossover, yet the stock accelerated suddenly upwards.

Since the indicator displays momentum, as long as ab asset's price momentum remains strong (either up or down) the indicator can stay in overbought or oversold territory for long periods of time. Therefore, the RSI is most trustworthy in an oscillating market when the price is alternating between bullish and bearish periods.

Tethers (USDT) is a stable coin that is often seen as a safe haven for traders who want to avoid periods of market volatility. While USDT is often kept on exchanges and used as a tool to trade in and out of cryptocurrency as desired, some holders may also want to store their coins securely away from an exchange.

USDT was originally created using the Omni Layer protocol (using the bitcoin blockchain), but has since launched an additional version as an ERC20 token (using the Ethereum blockchain). This means that there are two different types of USDT, both with different storage methods.

Anyone who wishes to move their USDT to a wallet must first figure out which type of USDT they have as the two types are not compatible with each other. If you deposit the wrong type of USDT into the wrong wallet, you will lose your funds.

Some of the Top usdt wallets are -

MyEtherwallet: MyEtherWallet (MEW) is a free, open-source tool for creating wallets that work with the Ethereum platform.

OmniWallet: OmniWallet is a web wallet that supports BTC, OMNI, USDT, MAID, SAFEX, AMP, ALT.

Tether Wallet: Tether wallet is a Web-based official wallet used to store USDT.

USDT was originally created using the Omni Layer protocol (using the bitcoin blockchain), but has since launched an additional version as an ERC20 token (using the Ethereum blockchain). This means that there are two different types of USDT, both with different storage methods.

Anyone who wishes to move their USDT to a wallet must first figure out which type of USDT they have as the two types are not compatible with each other. If you deposit the wrong type of USDT into the wrong wallet, you’ll lose your funds.

the core team plans to deliver a fully integrated P2P marketplace for 2019 called DarkPayMarket, regardless of future applications..

DarkPayCoin was created as an answer to two issues : lack of privacy and lack of decentralization. Dark. Its purpose is to become a staple medium of exchange, 100% private and decentralized, linking up several applications, all of them built by the community, for the community. In the first phase, DarkPayCoin holders benefit from a superior incentive for holding, such a feature was purposely designed to ensure maximum network security, decentralization and early adopter engagement. This phase will last 104 days until MN holders will vote for the best proposals concerning DPC economics and applications for phase 2 through DPC technical vote feature. However, the core team plans to deliver a fully integrated P2P marketplace for 2019 called DarkPayMarket, regardless of future applications.

F.A.Q

Q: Is it someone else's email account?
A: Yes, it is an actual student account that has graduated and left his account inactive thus providing you with a fully secured real email.

Q: Can I have it personalized under my name?
A: Yes with an addition $7, but the processing time will be between 2 to 7 days. It will, however, get rid of a random name if you register Microsoft Office.

Q: Can I change the password?
A: Yes but only if it's a custom made account., together with the email you will also be getting instructions on how to change it.

Q: Is it a spoofed email?
A: No, it is an actual email from a legit Middle Eastern or US college.

Q: What is Amazon Prime Student?
A: It is just like regular Amazon Prime, but you get some special discounts.

Q: Can I use an existing account to register for Prime Student?
A: You can but it is best to use a completely new one.

Q: What happens after my trial Prime Student membership expires?
A: You will be charged $49 for a year of Prime (50% discount).

F.A.Q

Q: Is it someone else's email account?
A: Yes, it is an actual student account that has graduated and left his account inactive thus providing you with a fully secured real email.

Q: How do I get the email address? Will you send a letter?
A: No, you will receive a message with the credentials along with the instructions.

Q: Can I have it personalized under my name?
A: Yes with an addition $5, but the processing time will be between 2 to 7 days. It will, however, get rid of a random name if you register Microsoft Office.

Q: Can I change the password?
A: Yes but only if it's a custom made account., together with the email you will also be getting instructions on how to change it.

Q: Is it a spoofed email?
A: No, it is an actual email from a legit Middle Eastern or US college.

Q: What is Amazon Prime Student?
A: It is just like regular Amazon Prime, but you get some special discounts.

Q: Can I use an existing account to register for Prime Student?
A: You can but it is best to use a completely new one.

Q: What happens after my trial Prime Student membership expires?
A: You will be charged $49 for a year of Prime (50% discount).

He indicated by the use of " " that the italicized text was a (n unattributed) quote, but he claims as his own personal reasoning the larger  part that I have bolded by prefixing it with "So, in accordance with GDPR" and then adding further comments of his own, with no reference to distinguish the bulk of the post as non original, thus it is plagiarism.

Dude. He did quote it (using " ") Not providing the source (wikipedia) is different from trying to get the credit for it.

This is NOT plagiarism.

KYC process handled by ICOs very strange for me. I think that in most cases KYC handled by ICOs don't comply with General Data Protection Regulation.


 "The General Data Protection Regulation (GDPR) (EU) 2016/679 is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU"


So in accordance with GDPR a processor of personal data must clearly disclose any data collection, declare the lawful basis and purpose for data processing, how long data is being retained, and if it is being shared with any third-parties or outside of the EU. Data subjects have the right to request a portable copy of the data collected by a processor in a common format, and the right to have their data erased under certain circumstances. Public authorities, and businesses whose core activities centre around regular or systematic processing of personal data, are required to employ a data protection officer, who is responsible for managing compliance with the GDPR. Businesses must report any data breaches within 72 hours if they have an adverse effect on user privacy, etc.

I think that logically ICOs must to avoid to collect personal data  taking into account that GDPR requirements it is addition requirements for data processor. And additional compliance risks.

I don't know any direct regulatory requirements for KYC process, but I know requirement for Personal data protection. It looks that KYC process not legit in the most cases.

 

The General Data Protection Regulation (EU) 2016/679 ("GDPR") is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas. The GDPR aims primarily to give control to individuals over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.[1] Superseding the Data Protection Directive 95/46/EC, the regulation contains provisions and requirements pertaining to the processing of personal data of individuals (formally called data subjects in the GDPR) inside the EEA, and applies to an enterprise established in the EEA or—regardless of its location and the data subjects' citizenship—that is processing the personal information of data subjects inside the EEA.

A processor of personal data must clearly disclose any data collection, declare the lawful basis and purpose for data processing, and state how long data is being retained and if it is being shared with any third parties or outside of the EEA. Data subjects have the right to request a portable copy of the data collected by a processor in a common format, and the right to have their data erased under certain circumstances. Public authorities, and businesses whose core activities centre around regular or systematic processing of personal data, are required to employ a data protection officer (DPO), who is responsible for managing compliance with the GDPR. Businesses must report any data breaches within 72 hours if they have an adverse effect on user privacy. In some cases, violators of the GDPR may be fined up to €20 million or up to 4% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater.

snip

KYC process handled by ICOs very strange for me. I think that in most cases KYC handled by ICOs don't comply with General Data Protection Regulation.


 "The General Data Protection Regulation (GDPR) (EU) 2016/679 is a regulation in EU law on data protection and privacy for all individuals within the European Union (EU) and the European Economic Area (EEA). It also addresses the export of personal data outside the EU and EEA areas. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU"


So in accordance with GDPR a processor of personal data must clearly disclose any data collection, declare the lawful basis and purpose for data processing, how long data is being retained, and if it is being shared with any third-parties or outside of the EU. Data subjects have the right to request a portable copy of the data collected by a processor in a common format, and the right to have their data erased under certain circumstances. Public authorities, and businesses whose core activities centre around regular or systematic processing of personal data, are required to employ a data protection officer, who is responsible for managing compliance with the GDPR. Businesses must report any data breaches within 72 hours if they have an adverse effect on user privacy, etc.

I think that logically ICOs must to avoid to collect personal data  taking into account that GDPR requirements it is addition requirements for data processor. And additional compliance risks.

I don't know any direct regulatory requirements for KYC process, but I know requirement for Personal data protection. It looks that KYC process not legit in the most cases.

 

wow.

honestly speaking, I am so disappointed by this forum and community represented by tmfp, ICOEthics

All this situation looks like frank bullying only for gaining trust. I don't believe in your "noble intentions" to find scums.

This forum wasn't created for such people like you, here we came for support and not for dragging mud, that you are