Bitcoin: reasons for some possible short-term fall
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Tightening regulation of crypto-exchanges:
- financial audit of the crypto-exchanges;
- the regulator may tighten the KYC procedure;
- only the verified users will be able to trade.
The unverified accounts will be blocked. People will have to provide evidence to prove the origin of funds. This may apply to already verified users too.
Unverified accounts are the first ones at gunpoint.
The essence of this publication is to urge users to take action, prepare in advance for such a scenario and verify their accounts in advance. If possible, prepare documents on the origin of funds in the crypto.
In this regard, the panic sale may occur by another 40-50%. The price will not stay at those levels for a long time . The market will be quickly redeemed. This will be our entry point.
- financial audit of the crypto-exchanges;
- the regulator may tighten the KYC procedure;
- only the verified users will be able to trade.
The unverified accounts will be blocked. People will have to provide evidence to prove the origin of funds. This may apply to already verified users too.
Unverified accounts are the first ones at gunpoint.
The essence of this publication is to urge users to take action, prepare in advance for such a scenario and verify their accounts in advance. If possible, prepare documents on the origin of funds in the crypto.
In this regard, the panic sale may occur by another 40-50%. The price will not stay at those levels for a long time . The market will be quickly redeemed. This will be our entry point.
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Binance wants to help you ... pay taxes 🤔Since July 28, the exchange is launching a tool for generating tax account statements. The functionality of the new "feature" assumes:
- generation and sending of extracts to tax agents depending on the state (in manual mode)
- Tax reporting tool - direct communication with a tax agent, using the API will be able to check the status of your account and all transactions in real time.
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The number of active addresses in the Bitcoin network has grown sharplyGlassnode recorded a 30% rise in active addresses on the Bitcoin network last week. The value increased from 250,000 to 325,000. A similar figure was observed in July 2020, when BTC was worth about $ 11,300.
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