@MightyTalon
"Binance, the world's biggest crypto-currency exchange, has been banned by the UK's financial regulator." I can't even get my head around the level of corruption and bullying that's going on in/by the governments right now. This announcement will no doubt affect the market prices, buckle your seat belts. Earning interest is appealing, but hard wallets might be the best place for your BCH and other coins, until this BS is sorted out... Link to the article: https://www.bbc.com/news/business-57632831 #BitcoinCash
6 comments
Guys, according to this video, https://www.youtube.com/watch?v=izQaF_CGgVA&t=249s , the news is doing its typical shitty job and sensationalizing something out of context.
Maybe, maybe not... this is from the Financial Times: "Binance customers have lost the ability to withdraw and deposit pounds using one of the main UK payments systems, days after the financial watchdog banned the crypto exchange from operating in Britain. The digital asset company said on Monday on its main exchange, Binance.com, that the ability to remove sterling from the platform through a system known as Faster Payments had been “suspended for maintenance”. Binance did not say how long the outage would last and declined to immediately comment on the notice. Faster Payments, a service used by banks to process payments quickly, is one of the most important channels for moving traditional currencies to and from the exchange. While Binance’s website said customers could still move money using bank cards, the lack of access to Faster Payments represented a significant curb on UK clients’ abilities to move money from the exchange directly into their bank accounts."
Interesting. The video claimed this applied only to a subsidiary called BLM or something like that. I don't know what is going on in the UK. I'm an American living in the Philippines and I don't have a Binance account, so I was just doing what I usually do, expressing an opinion about something I know nothing about! :-)
Haha yeah your guess is as good as mine, OldBastard! Nothing about this Binance ban makes sense, so all we have right now are opinions and guesses... Which we're both good at giving ;)
What's really cool is we can post our opinions here on noise.cash, and even if our opinions stink to high heaven, we may get paid some crypto for them. Woo hoo!
You're right, it's win-win! We provide top quality opinions for entertainment and we get paid! Elsewhere people would pay top dollar for this kind of insight.