Compliance and crypto

in #bitcoin6 years ago (edited)

Hi Guys,

When you start trading on an exchange please investigate if the exchange you trade on is compliant with the respective laws.

There are many exchanges out there that are not compliant with rules and reglulations. Some operate like a bank with no banking permit of licence. Can you imagine? That would be jail time in many countries.

Our CEO Waseem Sadiq is giving a lecture on the Dutch regulation and compliance event in the Netherlands.

[compliance] (http://www.complianceriskcongres.nl)

Have a nice day and kind regards,
Amresh

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good content..

awesome lacture by Waseem Sadiq. thanks for share with us sir.

thanks for sharing your concept. There are.so many steemit user like me, who has poor knowledge about crypto market & exchange.Thank you so much

Sir i am agree with you

Thanks sir for sharing a valuable information

Great! İt is wonderful @abajnath

A very precise policy. Before it all ends badly. I think all such healthy arrangements. Equally guarding. Thanks @abajnath!

We must be careful before putting our money in trading on must of these exchangers because must of tgemight just close business due to none compliance with their financial regulators. So we must investigate before trading on them.

yes we must be care about this before investing and axcahnging not only from this type of exchanges but also from the scammers and hackers because its not save to invest with out care and identification

I agree with you, We must be careful before putting our money anywhere

yeah there is always risk related to crypto exchanges ,we need to be careful

It's very important to keep checking whether the laws and regulations are in favour of the exchanges or not. A lot of huge investors are not investing due to this reason.

exchange you trade on is compliant with the respective laws.

Thanks for this advice. I didn’t even know you could do that. Some people use exchanges for a trading only and then transfer it back to their wallets. But of course it’s scary to find out your exchange doesn’t comply with rules and regulations.

Nice point you explained.
We have to study before trading any illegal currency.
Tha nks for sharing.

To be on a safe side. Certainly one should be cautious of the exchanges we use and be sure if they are complaint.

When is the event in Netherlands?
Will you be sharing a post about that to enlighten us the more?

Hi Tomilolafadipe, it is on 15 May in Utrecht.

That should be a date to look forward to

Yeah it is really in may

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