🔹Over time, all #cryptocurrencies gradually fall under the legal regulation by government around the world. Why is this happening? Someone believes that the authorities are afraid of losing control over their country's #economy and financial flows. Others believe that the authorities are trying to impose taxes on transactions with #crypto-currencies, and also to save hapless investors from losing their investments.
🔹Nevertheless, a number of countries have been regulating cryptocurrencies and such a regulation can be called very soft. However South America, China and Korea, India could be an exception, because their #authorities have chosen more stringent options for managing electronic money. In percentage terms, more than 60% of all countries are positively set to cryptocurrencies.
🔹Countries with a favorable attitude to cryptocurrencies include Japan, the United States, Canada and many other European countries. In the same USA, #bitcoin has the official status of electronic currency, the same status it has in Belgium and Belarus. Undoubtedly, the #legislation of different countries may have insignificant differences in the methods of regulation, but in general they are positive for electronic currency. In Sweden, it goes is considered equal to the usual money, Germany is also on the way to the recognition of the crypto currency.
🔹Nevertheless, a number of countries have been regulating cryptocurrencies and such a regulation can be called very soft. However South America, China and Korea, India could be an exception, because their #authorities have chosen more stringent options for managing electronic money. In percentage terms, more than 60% of all countries are positively set to cryptocurrencies.
🔹Countries with a favorable attitude to cryptocurrencies include Japan, the United States, Canada and many other European countries. In the same USA, #bitcoin has the official status of electronic currency, the same status it has in Belgium and Belarus. Undoubtedly, the #legislation of different countries may have insignificant differences in the methods of regulation, but in general they are positive for electronic currency. In Sweden, it goes is considered equal to the usual money, Germany is also on the way to the recognition of the crypto currency.
▪️Unfortunately yes. We don’t know the reason of such behavior, somebody say it’s a fear, somebody will propose it is a greed, but everyone will agree that banks and #cryptocurrencies are not related as much as we want to.
▪️Some countries are more progressive, like Estonia or Japan, but some other are simply afraid of progress. For example on January 13, the Bank of Indonesia issued a press release advising citizens to abandon the sale, purchase and trading of crypto-currencies, and recalls that #virtual currencies are not legalized in Indonesia. In September last year, the Bank of Indonesia once again confirmed that it does not intend to make bitcoin a payment facility, after which two Indonesian currency exchange exchanges BitBayar and TokoBitcoin voluntarily ceased to work.
▪️Explaining the reasons for the unleashed campaign against the #Crypto-currency, in a recent press release, the bank cites concerns about their potential role in money laundering and terrorist financing:
▪️"Virtual currencies risk becoming speculative bubbles. Potentially, they can be used for money laundering and terrorist financing, which will lead to undermining stability of the financial system and serious damage to society."
▪️And what do we think about it? We understand the fear of Indonesian government, but we also understand simple people, who want to use cryptocurrencies in every-day life, pay with it for the medical management or for the drinks in bar.
▪️#WorldBitBank projects main goal is to civilize cryptocurrencies, make them available and safe for everyone. For more info please follow the link https://wbb.io/.
▪️Some countries are more progressive, like Estonia or Japan, but some other are simply afraid of progress. For example on January 13, the Bank of Indonesia issued a press release advising citizens to abandon the sale, purchase and trading of crypto-currencies, and recalls that #virtual currencies are not legalized in Indonesia. In September last year, the Bank of Indonesia once again confirmed that it does not intend to make bitcoin a payment facility, after which two Indonesian currency exchange exchanges BitBayar and TokoBitcoin voluntarily ceased to work.
▪️Explaining the reasons for the unleashed campaign against the #Crypto-currency, in a recent press release, the bank cites concerns about their potential role in money laundering and terrorist financing:
▪️"Virtual currencies risk becoming speculative bubbles. Potentially, they can be used for money laundering and terrorist financing, which will lead to undermining stability of the financial system and serious damage to society."
▪️And what do we think about it? We understand the fear of Indonesian government, but we also understand simple people, who want to use cryptocurrencies in every-day life, pay with it for the medical management or for the drinks in bar.
▪️#WorldBitBank projects main goal is to civilize cryptocurrencies, make them available and safe for everyone. For more info please follow the link https://wbb.io/.
▪️The #WorldBitBank team is following the latest #crypto news from all over the World in order to share them with you▪️Arizona senate has adopted the Bill, that allows its residents to pay taxes in #bitcoin▪️ All the details you can find here➡️➡️ https://www.coindesk.com/arizona-senators-pass-bitcoin-tax-payments-bill/
CoinDesk
Arizona Moves One Step Closer to Accepting Bitcoin for Taxes - CoinDesk
The Arizona Senate has cleared a bill that aims to allow residents in the state to pay their taxes with bitcoin and other cryptocurrencies.
🌟More and more european banks are rejecting cryptocurrency. The TD Bank of Canada , PNC Bank prevents users from buying #bitcoin through their credit cards.
🌟Our team has understood that banks are kind of afraid from #cryptocurrency and trying to stop its development. However, we all understand that cryptocurrency is a future. We should admit it.
🌟What we propose to our clients is support to all the operations with cryptocurrency with law commissions. The #banks in our world Bit Bank group would allow users to make they crypto-transactions #legally. You will be able to pay in #crypto with our wallet, you also can buy or sell cryptocurrency with it. No more rejections, no more fear from government.
🌟Let us do the work.
🌟Stay with #WorldBitBank🙏🏻
🌟Our team has understood that banks are kind of afraid from #cryptocurrency and trying to stop its development. However, we all understand that cryptocurrency is a future. We should admit it.
🌟What we propose to our clients is support to all the operations with cryptocurrency with law commissions. The #banks in our world Bit Bank group would allow users to make they crypto-transactions #legally. You will be able to pay in #crypto with our wallet, you also can buy or sell cryptocurrency with it. No more rejections, no more fear from government.
🌟Let us do the work.
🌟Stay with #WorldBitBank🙏🏻
The #BlockchainUA Conference is going on and we have something to show you✅We have already discussed the #ICO prospects and its #crypto-economics, practical application of Cryptocurrency and Blockchain as well as its future. We have handed out hundreds of cards, met the partners and investors of the project. Tomorrow we will make a full report from the conference, so don’t miss it in⬇️
Telegram: @WBBCoin
https://t.me/WorldBitBankChat
Facebook: https://www.facebook.com/WorldBitBank/
Twitter: https://twitter.com/WorldBitBank
Medium: https://medium.com/@coinwbb
Reddit: https://www.reddit.com/user/WorldBitBanktoken/
Telegram: @WBBCoin
https://t.me/WorldBitBankChat
Facebook: https://www.facebook.com/WorldBitBank/
Twitter: https://twitter.com/WorldBitBank
Medium: https://medium.com/@coinwbb
Reddit: https://www.reddit.com/user/WorldBitBanktoken/
The #BlockchainUA Conference is over, we are tired but really glad🌟Conferences like this give an opportunity to meet new people, learn some useful information and simply to communicate with people who are in love with #crypto as we are🌟Now we propose you to see pictures from the conference and relive this great event with us🙏🏻 All pictures can be found via link➡️https://www.facebook.com/WorldBitBank/posts/320163611840124
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WorldBitBank
⠀The #BlockchainUA Conference is over, we are tired but really glad🌟Conferences like this give an opportunity to meet new people, learn some useful information and simply to communicate with people...
World Bit Bank community consists of #crypto- #traders, crypto enthusiasts, as well as people who are just starting to learn the world of cryptocurrency.Today’s publication is for the last ones.
We present you with 4 steps that need to be taken before investing in #crypto-currencies
1️⃣Develop the strategy.
First of all, you must determine the amount that you are willing to risk. You should also take into account your expectations regarding growth, time and risks of losing capital. Determine the moment when you need to complete the transaction, so that "excitement" does not take over.
2️⃣Analyze all information by yourself
Study the information on thematic sites, read the news and conclusions of experts, but always analyze and draw conclusions yourself. So the chance of misleading you is much lower than with the blind trust of "well-wishers».
3️⃣Do not invest too much at once.
Start with small amounts and gradually expand your investment portfolio. The main rule of the trader - you should not be afraid of losing an invested amount.
4️⃣Avoid "bad cryptocurrency"
Although we put this step in the end, it is the most important.
The #cryptocurrency market is rapidly expanding, only this year there were more than 1000 new coins. You need to buy only those crypto-currencies that have an intrinsic value. Usually such currencies have a community, a team of developers with a clear development plan and financial experts. An example of such a crypto currency is WBBC coin: we are open, have great potential, with a strong team that believes in the future of the project and works every day to develop it.
More about us you can find in our WP⏩ https://wbb.io/file/images/137/4/White%20Paper%20-%20World%20Bit%20Bank-EN-7.pdf
#crypto #cryptonews #blockchain #invest #finance #investment #finance #cryptocurrency#WorldBitBank
We present you with 4 steps that need to be taken before investing in #crypto-currencies
1️⃣Develop the strategy.
First of all, you must determine the amount that you are willing to risk. You should also take into account your expectations regarding growth, time and risks of losing capital. Determine the moment when you need to complete the transaction, so that "excitement" does not take over.
2️⃣Analyze all information by yourself
Study the information on thematic sites, read the news and conclusions of experts, but always analyze and draw conclusions yourself. So the chance of misleading you is much lower than with the blind trust of "well-wishers».
3️⃣Do not invest too much at once.
Start with small amounts and gradually expand your investment portfolio. The main rule of the trader - you should not be afraid of losing an invested amount.
4️⃣Avoid "bad cryptocurrency"
Although we put this step in the end, it is the most important.
The #cryptocurrency market is rapidly expanding, only this year there were more than 1000 new coins. You need to buy only those crypto-currencies that have an intrinsic value. Usually such currencies have a community, a team of developers with a clear development plan and financial experts. An example of such a crypto currency is WBBC coin: we are open, have great potential, with a strong team that believes in the future of the project and works every day to develop it.
More about us you can find in our WP⏩ https://wbb.io/file/images/137/4/White%20Paper%20-%20World%20Bit%20Bank-EN-7.pdf
#crypto #cryptonews #blockchain #invest #finance #investment #finance #cryptocurrency#WorldBitBank
Join World Bit Bank🌐Become the person that you’ve been dreaming in childhood🔝
#blockchain#BTC#ETH#cryptoasset#cryptonews#crypto#cryptocurrency#finance#profit#asset#WorldBitBank#banking#cryptobank
#blockchain#BTC#ETH#cryptoasset#cryptonews#crypto#cryptocurrency#finance#profit#asset#WorldBitBank#banking#cryptobank
Good morning🌟
While an ICO is in the high gear, we strongly recommend you to invest with the best bonuses and get the best profit💰
After what, join our community in telegram where read and discuss the hottest news in #crypto📲
Today’s one is about how #bitcoin ran into music World📀
New album of famous American rapper #Eminem has a mention of popular cryptocurrency➡️
«Remember everybody used to bite nickel, now everybody doing bitcoin»
Want details? We knew it✅find out in coin desk material➡️ https://www.coindesk.com/eminems-latest-album-kamikaze-features-a-bitcoin-shout-out/
Then come back here to discuss😉
While an ICO is in the high gear, we strongly recommend you to invest with the best bonuses and get the best profit💰
After what, join our community in telegram where read and discuss the hottest news in #crypto📲
Today’s one is about how #bitcoin ran into music World📀
New album of famous American rapper #Eminem has a mention of popular cryptocurrency➡️
«Remember everybody used to bite nickel, now everybody doing bitcoin»
Want details? We knew it✅find out in coin desk material➡️ https://www.coindesk.com/eminems-latest-album-kamikaze-features-a-bitcoin-shout-out/
Then come back here to discuss😉
CoinDesk
Eminem’s Latest Album ‘Kamikaze’ Features a Bitcoin Shout-Out
The rapper Eminem has given bitcoin's public awareness a boost with a mention of the cryptocurrency on his just-launched album "Kamikaze."
Good morning, World Bit Bank people😉
Are you ready for a great week? We are✔️
While you are thinking what kind of future to expect, it is already coming closer✔️ We’ve told you before, that #MasterCard is going to use #blockchain in their activity. Today, we’ve got more details, which you can find via link➡️ https://www.coindesk.com/mastercard-patent-filings-tout-blockchain-for-immutable-data-records/
As you you see, technological future is getting closer, so don’t wait but jump into #crypto with World Bit Bank project now and get the BEST BONUSES🚀🚀🚀
#cryptoasset #loan #bitcoin #blockchain #ETH #BTC #cryptocurrency #profit #finance #team #WorldBitBank #ICO #bitcoin #ETH #ERC20 #future
Are you ready for a great week? We are✔️
While you are thinking what kind of future to expect, it is already coming closer✔️ We’ve told you before, that #MasterCard is going to use #blockchain in their activity. Today, we’ve got more details, which you can find via link➡️ https://www.coindesk.com/mastercard-patent-filings-tout-blockchain-for-immutable-data-records/
As you you see, technological future is getting closer, so don’t wait but jump into #crypto with World Bit Bank project now and get the BEST BONUSES🚀🚀🚀
#cryptoasset #loan #bitcoin #blockchain #ETH #BTC #cryptocurrency #profit #finance #team #WorldBitBank #ICO #bitcoin #ETH #ERC20 #future
CoinDesk
Mastercard Patent Filings Tout Blockchain for Immutable Data Records
A group of Mastercard patent applications outline how blockchain technology can be used to securely record transaction information.
We won’t be serious today. Today we gonna celebrate🎉🎉🎉
Trick-or-treat, World Bit Bank community🎃
Happy Halloween 👻
#Halloween #crypto #blockchain #project
Trick-or-treat, World Bit Bank community🎃
Happy Halloween 👻
#Halloween #crypto #blockchain #project
💠💠💠 #Japan 🇯🇵 is making a significant attempt at #legal #regulation of #crypto - #ETF.
The Financial Services Agency (#FSA) explores the #public #interest in this type of #investment. The study found that #interest in crypto - ETF, from the part of #institutional #investors 🏦 is quite large.
We hope that Japan 🇯🇵 will be the first among the great #financial #states, which will #provide the legal #status of crypto - ETF. 📑
Follow our news. ✅
The Financial Services Agency (#FSA) explores the #public #interest in this type of #investment. The study found that #interest in crypto - ETF, from the part of #institutional #investors 🏦 is quite large.
We hope that Japan 🇯🇵 will be the first among the great #financial #states, which will #provide the legal #status of crypto - ETF. 📑
Follow our news. ✅
ℹ February #cryptocurrency activity showed that a long #crypto-winter❄ is coming to an end.🔆
The total market value of all cryptocurrencies increased by 14.14 % 📈 in February. #BTC's on market #capitalization went up by 12.1 % 📈 by the end of February, breaking a record six-month losing streak.
Follow our news ✅
The total market value of all cryptocurrencies increased by 14.14 % 📈 in February. #BTC's on market #capitalization went up by 12.1 % 📈 by the end of February, breaking a record six-month losing streak.
Follow our news ✅
ℹOn March 7⃣, the German 🇩🇪#financial #regulator published a document.
In the #document, the regulator describes the rules for electronic securities and the issue of #crypto tokens. The release of crypto #tokens will not be regulated because crypto tokens are not #securities, #investments or other financial #instruments.
Follow our news ✅
In the #document, the regulator describes the rules for electronic securities and the issue of #crypto tokens. The release of crypto #tokens will not be regulated because crypto tokens are not #securities, #investments or other financial #instruments.
Follow our news ✅
⛩ In the updated version📝 of the #law "On #financial #instruments and #exchanges" will fix the value of "#crypto #asset." Determine the work of crypto exchanges 💱 in the #storage of crypto assets. And he will #regulate #margin #trading.⛩
Follow our news ✅
Follow our news ✅
💠 The #BTC level of $ 5⃣0⃣0⃣0⃣ has not gone unnoticed. It is above the upper #Bollinger band, movement above these bands usually indicates a #demonstration of #strength.
We did not move above the Bollinger band from 2015. Then this led to an increase in prices to the historical highs of 2017-2018.
The level of $ 6⃣0⃣0⃣0⃣ is a #goal, during the breakdown of which we can exhale, considering that we officially left the #crypto #winter.💠
Follow our news ✅
We did not move above the Bollinger band from 2015. Then this led to an increase in prices to the historical highs of 2017-2018.
The level of $ 6⃣0⃣0⃣0⃣ is a #goal, during the breakdown of which we can exhale, considering that we officially left the #crypto #winter.💠
Follow our news ✅
▶️ One of the easiest ways to turn bitcoins into synthetic dollars is through futures, especially perpetual swap contracts offered by a number of #crypto #exchanges that give speculators the opportunity to #trade in a pair of BTC / USD with a margin of BTC. #Cryptocurrency perpetual swaps are structured as non-linear inverse futures contracts, that is, the value of the contract is measured in one currency, USD, while the position is marginated and calculated in another currency, #BTC.
As the name implies, these derivatives have a non-linear payout structure, because the value of collateral is constantly changing, and the value of the position remains constant. In linear contracts, for each% of the #price change, the profit also changes by the same%, but in inverse contracts for BTC the convexity is relative, whether for a long or short position.
Long positions earn less Bitcoin when the price rises, and lose more Bitcoin when the price drops.
Short positions, on the other hand, earn more Bitcoins when the price goes down, and lose less Bitcoins when the price goes up. The value of the dollar remains unchanged. This is how synthetic dollar #positions are created. 💠💠💠
Follow our news ✅ 😊
As the name implies, these derivatives have a non-linear payout structure, because the value of collateral is constantly changing, and the value of the position remains constant. In linear contracts, for each% of the #price change, the profit also changes by the same%, but in inverse contracts for BTC the convexity is relative, whether for a long or short position.
Long positions earn less Bitcoin when the price rises, and lose more Bitcoin when the price drops.
Short positions, on the other hand, earn more Bitcoins when the price goes down, and lose less Bitcoins when the price goes up. The value of the dollar remains unchanged. This is how synthetic dollar #positions are created. 💠💠💠
Follow our news ✅ 😊
📜 On September 1⃣0⃣ this year, #Deutsche Bank presented its
"Imagine 2⃣0⃣3⃣0⃣" report. 📑 🌐
In it, the new decade is not flattering - the "Century of disorder." 💠
Traditional banks are projected to continue printing money to fight the crisis in the coming decade. There will be an increase in inflation, an increase in debt, and a gradual depreciation of national currencies and an increase in stock markets.
Also, with the change of generation, the arrival of a new generation of milineals and the subsequent younger generation will have a positive effect on even greater adoption of cryptocurrencies. 📌
Deutsche Bank writes that the #milineal generation is increasingly choosing to invest in bitcoin and other #crypto #assets instead of,
for example, #gold.📌
Payed attention to the report and payments and payment systems. It is said that by 2030 more and more people will use #smartphone #payments 📱⌚️
than #debit cards and #cash.💳💵
Follow our news. ✅ 🗞
#Bitcoin #ETH #ETF #wbb #WBBC
"Imagine 2⃣0⃣3⃣0⃣" report. 📑 🌐
In it, the new decade is not flattering - the "Century of disorder." 💠
Traditional banks are projected to continue printing money to fight the crisis in the coming decade. There will be an increase in inflation, an increase in debt, and a gradual depreciation of national currencies and an increase in stock markets.
Also, with the change of generation, the arrival of a new generation of milineals and the subsequent younger generation will have a positive effect on even greater adoption of cryptocurrencies. 📌
Deutsche Bank writes that the #milineal generation is increasingly choosing to invest in bitcoin and other #crypto #assets instead of,
for example, #gold.📌
Payed attention to the report and payments and payment systems. It is said that by 2030 more and more people will use #smartphone #payments 📱⌚️
than #debit cards and #cash.💳💵
Follow our news. ✅ 🗞
#Bitcoin #ETH #ETF #wbb #WBBC