Quote from: Swordsoffreedom on February 24, 2020, 03:14:04 PM

Quote from: 1Referee on February 24, 2020, 02:00:03 PM

Quote from: Harlot on February 23, 2020, 09:17:10 PM

I'm just surprised that the Maltese governmen is only saying it now when Binance is actually opersting fir years now. It just makes me wonder if this is some kind of washing of hands by the government since now the European governing bodies are implementing strict sanctions with their AML procedures.

It could also be that they just didn't give a single shit about the crypto space until now. People always seem to come up with the most ridiculous conspiracy theories, but in most cases, things aren't like that at all.
In the end, people should be doing research before using an exchange. Binance's core business model is to operate outside the regulatory field, because that's where most of their profits come from. This is how they became the world's largest exchange by volume and userbase. I don't recall them having done anything else from their .com platform.
Time will tell how their US platform will perform, but I doubt it will challenge Coinbase or Bitstamp in any way.

We, the bitcoin users should take the prominent steps about making the government aware of this bitcoin system. This is the era of social media, which, perhaps is the most dominant media of this time. So, social medias should be used to make the government aware of the advantages of bitcoins.

I think, the governments are already aware about crypto and blockchain. for all we know, they have their own staffs digging this kind of work. crypto industry is already amassing billions of dollars and the numbers are showing in major crypto websites, so i don't think the governments need a lecture on that. they are also aware that there are giant companies integrating blockchain technology within their operations so it is very hard not to notice what is happening in crypto space. i guess, the hard part is from the government's end, how they can have the full control of having crypto in regulation?