/biz/ - Business & Finance

Murica can't touch China. Eat shit faggot burger

>>11245297
https://www.wired.com/2012/03/feds-seize-foreign-sites/
>The controversy highlights the unique control the U.S. continues to hold over key components of the global domain name system, and rips a Band-Aid off a historic sore point for other nations. A complicated web of bureaucracy and Commerce Department-dictated contracts signed in 1999 established that key domains would be contracted out to Network Solutions, which was acquired by VeriSign in 2000. That cemented control of all-important .com and .net domains with a U.S. company – VeriSign – putting every website using one of those addresses firmly within reach of American courts regardless of where the owners are located – possibly forever.

They will just take the domain and Americans won't be able to trade there anymore.

Look at 1broker.com right now. Is the Marshall Islands in the USA? They are cooperating with the SEC but binance will probably just exit scam.

>>11245281

How many penis's do you have to fit in your butthole before a switch in your brain gets flicked and you suddenly think "securities are a bad thing and need to be regulated"?

>>11246277
chainlink is a scam

>>11245337
>They will just take the domain and Americans won't be able to trade there anymore.
What is a vpn?

fuck off, bitfinexd. you're as bad as that cryptomedicated nigger, if you aren't actually him

>>11245281
Why would binance need to worry about US regulations? Why would I (a non-US citizen) need to worry about the SEC?

>>11245337
nigger they can't even take wikileaks down

>>11246329
Binance's figures report that 33%+ of their users are US based customers

>>11246362
So what? If you're suggesting that they're just going to run off with 33% of their userbase's coins you're beyond retarded

>>11245337
>but binance will probably just exit scam.

yep binance have been ignoring the NY attorney general since april


The platforms that refused to respond to OAG’s Initiative – Binance, Gate.io, Huobi, and Kraken – are located in other countries or, in the case of Kraken, headquartered in California. Binance reportedly moved its operations to Malta, after initially locating in Hong Kong and then Japan. Huobi is reportedly based in Singapore. The location of the operator of Gate.io – which transacts tens of millions of dollars’ worth of virtual currency per day – is unclear from public sources. The company, however, represented in writing to the OAG that the platform is based primarily in China.

https://twitter.com/newyorkstateag/status/1042102112182784001

"Based on the results of our report, we have also referred three platforms – Binance, http://Gate.io , and Kraken – to the New York State Department of Financial Services for possibly operating unlawfully in New York."

>>11246378
You’re right. They are going to run off with everyone’s

Is this a fucking psyop to get people to take their linkies off binance?

Oy m8, look at it shitpost the other ones

Seriously, get a Ledger or Trezor and pay the withdrawal fee

>>11246378
i hope you keep using binance

decentralized exchanges are the future, and the only platform that can support them is ether. sell exchange shitcoins and load up on ether

0x?

if you listened to him on Laura shin's podcast he laughs in her face at this question. lmao

Stop fudding

>>11245337
>Is the Marshall Islands in the USA?

Essentially they are brainlet. The US has administrative control over Marshall Islands so they can do as they please. Not to mention that they were trading US securities lol.

Binance can do whatever the fuck they want. They don't need to register their BNB as a security if they aren't in the US. Crypto is 'property' here, last I knew it wasn't illegal to sell property for property. The SEC isn't raiding Craigslist and shutting down OfferUp is it? This is why non-fiat exchanges are fine.

>>11246329
>>11246362
If americuck wants to stifle innovation and push technology out of their country let them.
Fuck the sec. let them all sell their crypto, the rest of the world will gladly mop up the supply.
They're like that person at the office who thinks they're really importent but no-one actually gives a shit about them.

>>11246557
Important * bone posting

>>11246277
My report isn't going change anything. Any exchange that gets shut down in the next year is likely already being investigated. >>11246387

Maybe 1broker will be the only one to get shut down. But if any big exchange gets shut down no one can say there weren't warning signs. You don't even deny that BNB is a security.

Published in March
https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading
>The SEC staff has concerns that many online trading platforms appear to investors as SEC-registered and regulated marketplaces when they are not. Many platforms refer to themselves as "exchanges," which can give the misimpression to investors that they are regulated or meet the regulatory standards of a national securities exchange. Although some of these platforms claim to use strict standards to pick only high-quality digital assets to trade, the SEC does not review these standards or the digital assets that the platforms select, and the so-called standards should not be equated to the listing standards of national securities exchanges.

>>11246308
1broker isn't letting non-US accounts withdraw either.

>>11246469
It's 99% safe if coinbase wants to list it. Take monero and zcash for example.

https://bitcoinexchangeguide.com/secret-service-warns-monero-zcash-privacy-crypto-coins-need-legal-actions/

This was published in June but coinbase still included zcash in their list of potential listings in July. They might have gotten approval from the Secret Service as zcash optional privacy is not as good as monero.

>>11246488
Main point is that they seize any .com whether or not the company is in the USA. What do you think will happen to price of BNB if they seize binance.com?

I think the "property" classification is mainly used by the IRS. The CFTC and SEC are able to regulate cryptos as commodities or securities. Jay Clayton thinks that ICOs can be securities.

https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
>By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements and other investor protection provisions of our federal securities laws. Generally speaking, these laws provide that investors deserve to know what they are investing in and the relevant risks involved.
>I have asked the SEC’s Division of Enforcement to continue to police this area vigorously and recommend enforcement actions against those that conduct initial coin offerings in violation of the federal securities laws.

https://cointelegraph.com/news/sec-chairman-jay-clayton-says-bitcoin-not-a-security-most-icos-likely-are

https://www.coindesk.com/us-judge-says-boxer-backed-ico-token-is-a-security/

https://bitcoinmagazine.com/articles/federal-judge-rules-cryptocurrency-mbc-commodity/
>U.S. District Judge for Massachusetts Rya Zobel has decided that the suit’s prosecuting party — the Commodity Futures Trading Commission (CFTC) — can proceed with its case against My Big Coin Pay Inc. as its cryptocurrency My Big Coin (MBC) does not fall into the category of a security.

bump

>>11246565
>Fixing a small mistake like that
>Implying my IQ is not high enough to understand what you meant
>Caring about little nuances of language on a website that is used by people across the globe

You have to go back to your containment site you piece of shit.

>>11245281
Stop doing bitfinexed shilling for him.

Remember to only use approved exchanges and stablecoins goyim.

>>11246488
This 100%
>>11246720
Get fucked

>>11245281
Who cares about the mutts and their dumb regulations?