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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 22-Jul-2021 00:58:00 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} https://decrypt.co/74608/binance-not-permitted-to-operate-in-the-uk-british-financial-watchdog [decrypt co] UK regulator says Binance not allowed to operate there.
European financial processor to cease processing Binance transactions. https://decrypt.co/75770/binance-dropped-european-payment-processor-clear-junction [decrypt co]
#Binance #cryptocurrencies #exchange-
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 22-Jul-2021 02:40:32 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} @guizzy
> governments are trying to scare companies away from offering crypto on-ramps (since that's the part of the DeFi/crypto ecosystem they can actually exert some power over)
That's the thing I find #disturbing. The past thirty years have been a shocking display of regulatory capture by the banks and other financial organizations, with abuse after abuse against the citizenry going unpunished.
I'm becoming more and more strongly in favor of #DeFi simply because it offers the chance for those who are not ingratiated with the centers of power to lend and receive loans, buy and sell, and to escape from the control of financiers. Seeing regulators fighting against it just convinces me more that I want to break the grip of the corrupt bankers.
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