Topic: Unlicensed Exchangers - page 4. (Read 7284 times)
is btc-e unlicenced really? Maybe in the United States. I don't think they are illegal in Russia. They were there for a long time and i don't think they will ge gone in the next 10 years at least.
You keep flip flopping between protecting the people and following the law because it is the law... You're a cop eh? They usually don't get the difference.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
Kraken now already have licensed?that's good news,and i think they are the first exchange that have licensed from Europe and Japan,and i wish many other exchange like coinbase,BTCchina and other will do same way.Kraken is not licensed anywhere. They are outlaw in USA or other states where they operate.
Kranken is based in California, USA and they are doing financial transactions worldwide. As a reminder, a money transmitter(exchanger) MUST have licenses in all the United States and not only in one .
Example: if you are licensed in New York, you cannot make a financial business in Florida or Texas without having licenses in Florida and Texas as well.
Only Coinbase and Circle are licensed in all USA. Circle is licensed in EU(European Union) too. Gemini is in New York, ItBit the same. The rest of the exchangers are outlaw.
YES, it's unbelievable but it is true.
a license means you respect the law and for that you need to comply with MANY financial procedures. it helps the customers to be protected.
what bank are you using? I bet it's a local licensed bank.
why don't you work with an unlicensed bank? there are some on internet.
what bank are you using? I bet it's a local licensed bank.
why don't you work with an unlicensed bank? there are some on internet.Unless you are HSBC, UBS, and so on... in that case, you can launder money for US citizens and get away with a fine.
kik1977
You raise an infuriating subject: how the well-connected can get away with massive crimes, even when publicized. Impunity is becoming an issue here in the USA. Impunity is an issue that everyone understands: justice for the many, "just us" for the few...
If Trump is elected, it may be more the "Crooked Hillary" matters that do it rather than "The Wall" to keep out illegals.
The degree of corruption in the upper echelons of American society are staggering and mind-boggling. At some point it will end, but it might get very messy.
That's everywhere I am afraid! Look at those banks, they are not even US based, and some of their employees (and some of the management) were happy to launder money. They had to pay a huge fine, which for them was like peanuts. A simple citizen would have stayed a long time in jail for laundering a few thousand dollars. As you said, unjustice.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
Kraken now already have licensed?that's good news,and i think they are the first exchange that have licensed from Europe and Japan,and i wish many other exchange like coinbase,BTCchina and other will do same way.Drugs?
What are you talking! Kraken from Europe? It is San Francisco-based exchange! (friendly reminder - San Francisco is in USA - it is not Europe, it is North America)
Coinbase is based in US and as i know they have all licences. In US probably only Gemini have also all licences.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
Kraken now already have licensed?that's good news,and i think they are the first exchange that have licensed from Europe and Japan,and i wish many other exchange like coinbase,BTCchina and other will do same way. 
a license means you respect the law and for that you need to comply with MANY financial procedures. it helps the customers to be protected.
what bank are you using? I bet it's a local licensed bank. why don't you work with an unlicensed bank? there are some on internet.
what bank are you using? I bet it's a local licensed bank.
why don't you work with an unlicensed bank? there are some on internet.Unless you are HSBC, UBS, and so on... in that case, you can launder money for US citizens and get away with a fine.
kik1977
You raise an infuriating subject: how the well-connected can get away with massive crimes, even when publicized. Impunity is becoming an issue here in the USA. Impunity is an issue that everyone understands: justice for the many, "just us" for the few...
If Trump is elected, it may be more the "Crooked Hillary" matters that do it rather than "The Wall" to keep out illegals.
The degree of corruption in the upper echelons of American society are staggering and mind-boggling. At some point it will end, but it might get very messy.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
no, they are not.
also, they are based in USA and they are dealing with US citizens. that means, they MUST have a financial license in each state from USA. they will be shutdown soon. I know it appears almost unbelievable but it will happen if they will not apply for a such license.
Not sure, but if exchange want to trade Cryptocurrencies must have license in accordance with the law of the country in which operate. I don't think that every exchange must have lincese from every country in the world individually.
If Kraken is based in US must have licence from US and that is all. If other exchange is based in Germany licence only from Germany should be enough.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
no, they are not.
also, they are based in USA and they are dealing with US citizens. that means, they MUST have a financial license in each state from USA. they will be shutdown soon. I know it appears almost unbelievable but it will happen if they will not apply for a such license.
Kraken is an unlicenced exchange??? I don't think so... They have been trying to legalize their activities for quite some time now. I think that they are already licenced in Europe and Japan.
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
Good. then why do you go to a gov authority to complain if someone scam you(even with BTC) ?
I understand your point and you are right. You choose to be like that BUT be "like that" till the end.
gov and law= bad
BTC = good
Is that correct? If so, why there are so many people complaining about "scams" and some of these want the gov and laws to make justice for them?
You can't do anything about it yourself.
Laws are not bad, our govs are corrupt as all hell though thus corrupt laws.
What does a license prove?
But it bring a lil bit more trust... a license shows the goverment know about the exchange and if the exchange doesnt follow the rules it will be closed.
I dont think poloniex, for example, isnt reliable just because it doesnt have a license. but would be better if it have.
it's not about better or not. it's about legality. Poloniex is from USA and according to US laws, they must have a license in order to operate as exchanger. I repeat, there are many EX exchangers in jail because of that, unlicensed money transmitting . What does mean? That the feds can shut down Poloniex and others like them anytime beacuse they are outlaw.
Result : their clients will lose the funds.
This thing has happened and it will happen shortly. it's just a matter of time.
a license means you respect the law and for that you need to comply with MANY financial procedures. it helps the customers to be protected.
what bank are you using? I bet it's a local licensed bank. why don't you work with an unlicensed bank? there are some on internet.
what bank are you using? I bet it's a local licensed bank.
why don't you work with an unlicensed bank? there are some on internet.Unless you are HSBC, UBS, and so on... in that case, you can launder money for US citizens and get away with a fine.
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
Good. then why do you go to a gov authority to complain if someone scam you(even with BTC) ?
I understand your point and you are right. You choose to be like that BUT be "like that" till the end.
gov and law= bad
BTC = good
Is that correct? If so, why there are so many people complaining about "scams" and some of these want the gov and laws to make justice for them?
You can't do anything about it yourself.
Laws are not bad, our govs are corrupt as all hell though thus corrupt laws.
What does a license prove?
But it bring a lil bit more trust... a license shows the goverment know about the exchange and if the exchange doesnt follow the rules it will be closed.
I dont think poloniex, for example, isnt reliable just because it doesnt have a license. but would be better if it have.
That does not offer me any protect. What it offers me is a 100% promise my name is now in the exchange and I am at risk.
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
Good. then why do you go to a gov authority to complain if someone scam you(even with BTC) ?
I understand your point and you are right. You choose to be like that BUT be "like that" till the end.
gov and law= bad
BTC = good
Is that correct? If so, why there are so many people complaining about "scams" and some of these want the gov and laws to make justice for them?
You can't do anything about it yourself.
Laws are not bad, our govs are corrupt as all hell though thus corrupt laws.
What does a license prove?
a license means you respect the law and for that you need to comply with MANY financial procedures. it helps the customers to be protected.
what bank are you using? I bet it's a local licensed bank.
why don't you work with an unlicensed bank? there are some on internet.the answer is simple. because you are afraid that you will lose the money with them. same with the exchangers. you will hardly lose the money with a licensed exchanger.
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
Good. then why do you go to a gov authority to complain if someone scam you(even with BTC) ?
I understand your point and you are right. You choose to be like that BUT be "like that" till the end.
gov and law= bad
BTC = good
Is that correct? If so, why there are so many people complaining about "scams" and some of these want the gov and laws to make justice for them?
You can't do anything about it yourself.
Laws are not bad, our govs are corrupt as all hell though thus corrupt laws.
What does a license prove?
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
Good. then why do you go to a gov authority to complain if someone scam you(even with BTC) ?
I understand your point and you are right. You choose to be like that BUT be "like that" till the end.
gov and law= bad
BTC = good
Is that correct? If so, why there are so many people complaining about "scams" and some of these want the gov and laws to make justice for them?
OP.. do you really think the people of this forum view the gov and law in a positive light? We see their oppression.
I do use some of these 
i'm kinda new in bitcoin world, so where can i see if a exchange is licensed or not? is poloniex trustable?
i'm kinda new in bitcoin world, so where can i see if a exchange is licensed or not? is poloniex trustable?
NO, poloniex is not a financial licesed exchangers and they are based in USA. A country where many exchangers are in jail because of this.
Unfortunately, there are not so many regulated exchangers and all of them are USA. It's not good but..that's it. You may use Coinbase, Itbit, Circle, Gemini.
I do use some of these
i'm kinda new in bitcoin world, so where can i see if a exchange is licensed or not? is poloniex trustable?
i'm kinda new in bitcoin world, so where can i see if a exchange is licensed or not? is poloniex trustable?
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