Fair enough that an exchange wants to get a licence to operate properly but I'm not so optimistic cause there will almost definitely be added on conditions we might not like, What's you guys thought on this?
Exchanges may not be facing any difficulties apart from their privacy invasion but we the users are going to be screwed by the FIU because all they do is just to track the tax evaders so over the time people will have no choice other than paying what government wants from us.
In case if you are not aware of it, I already shared this link in the press & News section.
That is what is meant to be FIU compliant as this is only a shadow license for AML. The real reason was always to track the users using those international exchanges. The government will come up with such a strict policy unless they get details of everyone who is using the international exchange to avoid taxes. I mean this is just the beginning and we will encounter more such policies by the present government in the coming 5 years time. I hope after their humiliation in the current election result where they were not able to gain a full majority they should come to some senses.
It is not always about religion or the underprivileged, it is all about the middle class and the policies that they have taken to suppress us. The election result is a warning to the ruling party and those who are currently holding positions as ministers in the current government.