ESMA warns MiCA crypto regulations may fall short of full investor protection

[Anonymous No.56390131]

European Securities and Markets Authority warns that MiCA's crypto investor safeguards won't be in place until Dec 2024, urging investors to brace for potential losses. Crypto investors are at risk and may not have the legal safeguards typically available for traditional financial investments.
>Are we messed up?

[Anonymous No.56390212]

>>56390131
It won't stop the rise of crypto

[Anonymous No.56390236]

>>56390131
Simple: They want to destroy crypto

[Anonymous No.56390265]

>>56390131
There is no protection in the first place

[Anonymous No.56390282]

>>56390131
this is a subtle everest pajeet shill thread. wait for all the paid fiverr jeets to show up

[Anonymous No.56390395]

>>56390131
So what's the best thing to do?

[Anonymous No.56390414]

>>56390131
What kind of protection is needed?

[Anonymous No.56390526]

>>56390282
Don't talk to yourself you delusional mammoth

[Anonymous No.56390542]

>>56390212
I know. Things will be better

[Anonymous No.56390696]

>>56390131
Quit crypto and have a peaceful mind.

[Anonymous No.56390743]

>>56390131
Game over! Investors should be prepared for the possibility of losing their entire crypto investments.

[Anonymous No.56390776]

>>56390131
Regulatory consistency is important within the EU to create a level playing field for market participants. ESMA may offer input to ensure that MiCA aligns with broader financial regulations and principles within the EU.

[Anonymous No.56390924]

>>56390236
Why would you think of that?

[Anonymous No.56390944]

>>56390131
Why not comply with regulation and so everything will be perfectly running?

[Anonymous No.56391022]

>>56390131
Binance US is still facing regulatory issues. Need to shut it down now

[Anonymous No.56391039]

>>56390131

[Anonymous No.56391069]

>>56390131

[Anonymous No.56391093]

>>56390131
Do you blame regulators or being you being stupid?

[Anonymous No.56391377]

>>56391022
You will know and you will never like the impact for this if that happens

[Anonymous No.56391688]

>>56390265
That's what SEC does

[Anonymous No.56391831]

>>56390131
They are all fucked up. Good NexeraID will be adopted by SpoolFi. No issue at all.

[Anonymous No.56391912]

>>56391831
Hmm, I have no idea but goodluck

[Anonymous No.56392230]

>>56390131
Binance US withdrawals suspended . Withdraw rverything you have

[Anonymous No.56392324]

>>56392230
Binance is dead

[Anonymous No.56392344]

>>56392324
Binance US and Binance Global are different platforms. If you're in the US, consider finding a fully regulated alternative to avoid potential issues. It's a straightforward choice.

[Anonymous No.56392393]

>>56392344
>Different platforms
It's obvious

[Anonymous No.56392409]

>>56392344
The only option is web3 wallets. Not your keys not your coins

[Anonymous No.56392466]

>>56392409
It's not the sole option, but fully regulated platforms provide a level of reliability for safeguarding users' investments in the long run. Keep that in mind.

[Anonymous No.56392489]

>>56391039
Wtf is this?????

[Anonymous No.56392531]

>>56392466
I doubt if theres any. Sec is putting everything at stake. Crypto exchanges are no longer reliable

[Anonymous No.56392573]

>>56392531
Use decentralized platforms. Easy

[Anonymous No.56392637]

>>56392531
CRYPTOCOM AND GEMINI ARE THE BEST

[Anonymous No.56392642]

>>56392637
Eh? What happend to binance?

[Anonymous No.56392704]

>>56392531
I'd suggest giving Tap a try. It's a reliable option, even though the US launch is anticipated for this quarter.
>>56392637
What about bitget and robinhood?

[Anonymous No.56392732]

>>56390131
Dont mind them. Just buy LINK, XLM and ENJ and you'll have. A good future

[Anonymous No.56392778]

>>56392732
This is not your house

[Anonymous No.56392800]

>>56392704
Crypto com is still the best

[Anonymous No.56392869]

>>56392800
It comes down to your comfort with a particular platform. I prefer ones that align with my daily needs. You can choose any service you want to use tho.

[Anonymous No.56392884]

>>56390944
>Perfect

[Anonymous No.56392956]

>>56391069
Nice shill

[Anonymous No.56393048]

>>56392869
If people appreciate a service, there's no reason they shouldn't use it. Several services prioritize security and a good user experience. With numerous platforms available, you can't force someone to use what you use. Just think on how it can help you a lot.

[Anonymous No.56393062]

>>56392869
If people like a service, there's no reason they shouldn't use it long-term. Several services prioritize security and a good user experience. With numerous platforms available, you can't force someone to use what you use. Just think on how it can help you a lot.

[Anonymous No.56393083]

>>56392800
I've used that before, anon, and their fees are higher compared to a GFSC regulated crypto app.

[Anonymous No.56393097]

>>56390131
Time for more adoption of DiDs. PolygonID, EverestID, and NexeraID were all built for this shit so we should start putting them to use.
I can't think of a better way to handle compliance.

[Anonymous No.56393123]

>>56390696
You got no point schizo fag, crypto is ahead now. Make cool bucks when the anxiety is high I'm thinking payment solutions are gonna skyrocket with more places accepting bitcoin.

[Anonymous No.56393133]

>>56392344
Paysafe cut ties with Binance in Europe as well. They backed Total Processing to partner with another payment fintech.

[Anonymous No.56393134]

>>56393097
It finally arrives, the everest pajeet shows his colors

[Anonymous No.56393145]

>>56392344
Who the hell still uses Binance following global regulatory scrutiny? I'm skeptical. I learned that Binance has stopped their USD withdrawals lately.
In the event that customers wish to withdraw U.S. dollar funds from their account, they may do so by converting U.S. dollar funds to stablecoin or other digital assets, which can subsequently be withdrawn.

[Anonymous No.56393148]

>>56393134
Black colors?

[Anonymous No.56393167]

>>56392230
Absolutely, there are indeed better alternatives available at the moment. The situation seems more political than initially anticipated. To ensure safety and avoid losses, it's advisable to steer clear of Binance for now

[Anonymous No.56393166]

>>56392637
Pajeet, if it works for you, it might not work for everyone. I prefer using the first publicly listed payment app on the UK sec.

[Anonymous No.56393165]

>>56393148
Brown since the everest pajeets shit in the street and spam their dead scam.

[Anonymous No.56393187]

>>56393165
Moron

[Anonymous No.56393191]

>>56392800
No lie, you should be concerned about why demand's dropping. The trading fee discount tiers on Cryptocom can be a maze to figure out. Think of other Fintech company

[Anonymous No.56393228]

>>56393165
didnt know everest scam was still around, especially after the rug pull

[Anonymous No.56393237]

>>56393097
Keep arguing on the biz while I'm busy accumulating XTP, DOT, and INJ at discounted prices.

[Anonymous No.56393257]

>>56392704
Based, Anon. I've heard they've teamed up with Zero Hash for their forthcoming US launch

[Anonymous No.56393262]

>>56393167
Gonna stick with Binance when I can, but if not, I'll explore other options. Tough to find good ones though, Paypal and Venmo have failed me.

[Anonymous No.56393274]

>>56393191
This, as well as SwissBorg, are not viable options, even when considering their card services. The high discrepancies in fees make them less appealing compared to others. most retard won't admit this but I don't fucking care.

[Anonymous No.56393283]

>>56393262
Teaming up with Zero Hash does not guarantee they'll perform better. grow up anon.

[Anonymous No.56393286]

>>56392704
The catch is they're rolling with just 24 cryptos in the US, while they've got 40+ in their arsenal. Let's watch how things unfold in the future, Anon.

[Anonymous No.56393292]

>>56393228
Rug pull? You should conduct due diligence on every project you invest in anon.
>>56393237
Smart move, anon. You should've accumulated more of the first option before the US launch date announcement.

[Anonymous No.56393302]

>>56393262
If you're residing outside the US, it might seem like a decent option, but in my view, it's not. I recommend taking some time to delve into the details. Cz is probably going to end up shooting himself in the foot.

[Anonymous No.56393325]

>>56393283
This is their first step to seize a chunk of the vast US market and patch up some gaps. Don't be retarded, fag.

[Anonymous No.56393335]

>>56393274
Yeah, that shit's got hefty fees. I'm all about that hassle-free fintech for transactions.

[Anonymous No.56393346]

>>56393292
>>56393302
Rugpull is everywhere. Stay safu

[Anonymous No.56393356]

>>56393335
Using the platform for low fees only? Like wtf

[Anonymous No.56393361]

>>56392230
Hoping CZ pulls a rabbit out of the hat. If not, I'll stick with the app licensed and regulated by the Gibraltar financial services.

[Anonymous No.56393383]

>>56393302
Binance cards are pretty popular, and I've got a significant stash invested in them. The whole regulatory deal can be a bummer, but I think Binance will weather the storm. Still, it doesn't hurt to keep an eye out for alternative debit cards, just in case. I'm on the hunt for one too.

[Anonymous No.56393435]

>>56393325
Let's hold off on the judgment until we see what they bring to the table. Jumping to conclusions before their US launch? That's just being hasty, anon

[Anonymous No.56393476]

>>56393356
I'm not about low fees anon and besides, there might be hiding charges. If only they offer that advantage of efficiency in transactions I'm all in

[Anonymous No.56393493]

>>56393335
Absolutely. It seems many are insensitive to this and choose to utilize it because many are using it.


>>56393346
>Rugpull is everywhere. Stay safu


The same scenario that happened on FTX might likely be the fate of this. Safu

[Anonymous No.56393570]

>>56393346
Of course. People have learned their lesson. We know how much fear FTX and LUNA instilled in their loyal investors. Just be wise.
>>56393435
I assume it will attract more users to the platform. This way, they can use it as their alternative, especially since I've seen people complaining about their Venmo accounts getting suspended or, worst of all, terminated for no apparent reasons kek.

[Anonymous No.56393592]

>>56393493
Binance next rugpull

ALL PLATFORMS WILL
use rabby wallet web3 wallet

[Anonymous No.56393625]

>>56393383
That's reasonable. I'm not aiming to spread FUD or endorse any particular fintech or exchange, but rather shedding light on what needs to be clarified. Your judgment on it should be based on how you perceive the entire situation and shitshow.

[Anonymous No.56393676]

Everest is based because it makes brainlets seethe just from mentions of MiCA

[Anonymous No.56393718]

>>56393676
now this is a scam, these guys are real street shitters. even a scam like KILT preforms better than your sandjeet coin

[Anonymous No.56393722]

>>56393592
I think you r just shilling rabby wallet that j dont have an idea it exists

[Anonymous No.56393744]

>>56393570
Venmo is only for US.

[Anonymous No.56393821]

>>56393592
Stop the shill, MF.

Go look for link thread to do that shit.

I use trustwallet and ledger for storing assets. I'm cool with that.

[Anonymous No.56393944]

>>56393744
That's also a drawback because Venmo is limited and not accessible worldwide. You should seek a better alternative that fulfills all your needs. An all-in-one platform can address your concerns.

[Anonymous No.56393968]

>>56393821
Rabby wallet is the best wallet.dont cry for my truth hurts

[Anonymous No.56394497]

>>56393262
The hidden fees are a total let down. Now I stick to one regulated by the GFSC for my Fintech needs, not to mention that the on-ramping fees are comparatively lower.

[Anonymous No.56395443]

>>56393968
Rabby wallet or rubbish wallet ?lmao

[Anonymous No.56395681]

>>56393968
Not sure about that. What sets it apart from the others we see everyday.

[Anonymous No.56395858]

>>56393744
Sounds a bit limited, I use a Fintech option that's already available in 45+ countries, with US joining the number in the coming months.

[Anonymous No.56395963]

>>56390212
crypto doesn't need safeguards. it's not some bullshit scam like fiat. fatcats are the reason crypto has been doing so bad. maybe this is a good thing not to have safeguards so those fat cats gtfo.

[Anonymous No.56396163]

>>56395963
I don't understand soiboi

[Anonymous No.56396214]

>>56393592
Quit the fud jeet, No signs of Binance folding but I'd stick to Fintech options that are more compliant and fully regulated with zero charge on transfers.

[Anonymous No.56396311]

>>56393346
Take out time to research and stick to the good ones.

[Anonymous No.56396965]

>>56393435
No doubt about that, but seeing as the Fintech company is regulated it should have no problem scaling in the US market.

[Anonymous No.56397100]

>>56393493
FTX was the bane of the crypto space and CEXs

[Anonymous No.56397177]

>>56397100
Remembering the days

[Anonymous No.56397207]

>>56396214
All is temporary but instead of building new tools for compliance why not do what MEXC is planning? Use NexeraID.

[Anonymous No.56397314]

>>56397177
A whole lot of users lost massive funds to it. Now I only trade crypto on GFSC regulated Fintech.

[Anonymous No.56397497]

>>56396163
Don't bother

[Anonymous No.56397575]

>>56393335
Imagine having to wait 5 days to open a multi-currency account, when there are fintechs that handle it in minutes.

[Anonymous No.56397822]

>>56395443
kek

>>56393722
Caught red handed I guess

>>56393821
I thought ledger got nuked a couple of times already?

[Anonymous No.56397927]

>>56393968
I don't believe in this piece of shit.


>>56397100
Yeah. I can't believe Caroline and SBF plan to keep the price of BTC below 30k.

[Anonymous No.56397941]

>>56393718
Idk anon, I'm not touching any memecoin with a 10ft pole. I'd rather focus on ARB, XTP, and CAP with utility and potential for long term gains.

[Anonymous No.56398120]

>>56397207
I wouldn't call it temporary anon. It has a steady growing network in over 45 countries and it partnered with zero hash to add US to the ranks as well.

[Anonymous No.56398633]

>>56390131
VG

[Anonymous No.56399785]

>>56390131
Lol

[Anonymous No.56399917]

>>56393676
It's actually fucking hilarious how much people on /biz/ associate Everest with MiCA now, since MiCA is eventually going to be copied by the US after they realize they don't know how to regulate crypto very well in a few years.

[Anonymous No.56400065]

>>56390265
this

[Anonymous No.56400120]

>>56397822
I don't even know this rabby wallet

[Anonymous No.56400561]

I fucking hate regulations so much, the whole point of crypto was to get away from these fuckers.

[Anonymous No.56400920]

>>56400561
But???

[Anonymous No.56401685]

>>56390131
Hmfff

[Anonymous No.56401893]

>>56396214
Keep an eye on Fintech innovations with key partnerships, Anon. Just spotted one recently teaming up with Zero Hash for a big US launch.

[Anonymous No.56401910]

>>56397100
The issue is they lack regulation, Jeet. I just can't see this happening with services like Tap, Venmo, or Cash App.

[Anonymous No.56404327]

>>56398633
?

[Anonymous No.56405904]

>>56401910
Venmo is only for US users

[Anonymous No.56405920]

>>56390414
a jew in every home watching closely what you're doing

[Anonymous No.56407308]

>>56390696
I'm 100% in crypto and I still have a peaceful mind.
I even pay my bills with crypto via CryptMi card

[Anonymous No.56407825]

>>56400561
We caused it for ourselves with the rugs and hacks
>>56407308
Paying with crypto is better than using banks