>For Canada, transactions of 1,000 CAD ($780) or more will be affected and the full names and addresses of the recipients will be required. For Singapore, all crypto transactions to an address that is not controlled by Coinbase will be affected.
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news.bitcoin.com
For Canada, transactions of 1...
so what just spend 779 everytime, fucking retards.
Because it's one step further down the path of tyranny
Great way to get your assets seized and possibly go to prison kek
It's a way to ensure tax evaders pay their taxes to the government. Crypto investors seem to think not paying the government their share is perfectly okay. Reality check! It aint!
reality check, the fuck are they gonna do about it?
Saul grenbergstein everyone!
Looks like they're going to make laws where you have to report details for every tx >=$1000. Did you forget to read the OP?
You expect Singapore to be totalitarian, it's how they keep it clean. Canada is shit, though, its government does nothing to justify being cunts.
this is good for crypto as it's more legitimized the more laws that are passed and easy for norms to get in, especially worldwide
most people who've actually been in crypto for years now probably know enough to get around such restrictions and still avoid taxes, so not their problem
I worry if governments will ever get around to monitoring the chains properly, but I doubt they will have the ability to. Anyone who could pull off such a thing certainly wouldn't want the government to do it in the first place
I agree. One of the stigmas normies have against crypto is the preconceived notion that crypto is used for crime. The sooner we break this stigma the sooner or normies can buy in.
I fucking told you retards this was happening
People on Any Forums are so god damn stupid it’s literally enraging. This is what porn and computers does.
'your account has been locked due to inappropriate use and the relevant authorities have been notified. a swat teams is en-route to your location, please stay where you are'.
lmao look at you faggots coping with 'more regulation is a good thing' its now harder to make it because the government takes more of your money when you do is this a good thing for crypto? fucking retard normie niggers
Send it to your own wallet
Seethe more basement dweller
So just don't use goybase. There are plenty of other options to buy crypto.
yeah, and what happens when the regulations spread elsewhere?
Canada is going to be an awful place to be. It will be totalitarian, cold, boring, majority brown by 2040, too costly due to real estate, etc.
>going to be
user, I...
P2P transactions and services will become much more popular.
kek, imagine