Crackdown On Bitcoin & Crypto Intensifies with G20, Russia, & Bittrex

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The global regulatory crackdown on bitcoin and the crypto industry heats up with damning announcements out of Russia, the G20 set to enforce the draconian travel rule and Bittrex delisting.

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Sources
Russia -https://financefeeds.com/russia-considers-introducing-fines-crypto-mining-via-open-blockchain/
Russia 2 https://cointelegraph.com/news/russian-parliament-considers-imposing-fines-on-crypto-mining-by-end-of-june
Bittrex – https://blockonomi.com/bittrex-geo-blocks-certain-altcoins/
Japan – https://cointelegraph.com/news/cashless-bound-japans-transport-e-commerce-partnership-on-the-fast-track
G20 https://www.coindesk.com/g20-reaffirms-it-will-apply-expected-tough-new-fatf-rules-on-crypto

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44 Comments

  1. RECOMMENDED EXCHANGES & WALLETS

    GET FREE CRYPTO

    ABRA – GET $25 IN BTC – (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR

    COINBASE – GET $10 Free Bitcoin on sign up! https://bit.ly/2zqeVfV

    LIQUID – GET $10 FREE QASH (verify & make $100 trade) – https://www.liquid.com?affiliate=Gtrf6wJG586147

    TOP EXCHANGES

    BINANCE – #1 Crypto Exchange https://www.binance.com/?ref=10192350

    BITMAX –https://bitmax.io/#/register?inviteCode=FBWCAVIQ

    NASH – https://nash.io/referrals?code=2JWpfo

    BINANCE JE – BUY CRYPTO IN POUNDS & EURO https://www.binance.je/?ref=35019746

    KUCOIN – Awesome For Low Cap Gems – https://www.kucoin.com/#/?r=18a8f

    CERTIFIED CRYPTOCURRENCY BROKERAGE

    CALEB & BROWN – Brokerage – Trade OTC like the big guys https://bit.ly/2Feq8F6

    TAKE YOUR SECURITY SERIOUSLY – GET A HARDWARE WALLET

    LEDGER NANO https://www.ledgerwallet.com/r/6877

    TREZOR – https://shop.trezor.io?a=Aw902Rsted

    LEARN TO TRADE LIKE THE PROS

    TRADER COBB 10% OFF CODE THELARK10 – https://tradercobb.com/?ref=169

  2. Russia probably still use rotary phone's that you have to put your finger in the little holes and spin the dialer. P.S. are you breathing ok ? I feels like your running out of breath.

  3. The crypto fight is over dawg. This shit is turning directly into the mark of the beast. Saw it coming from the other side of the world but of course that doesn't get you paid on Steemit.

  4. Its time for a revolution like france did but in a massive scale lets tell all those scam bag politicians gov to back of or else we will destroy what they built the monetary syatem is a failed fraud system only benefiting the ao called rich

  5. Wow, I didn't know about the learn and earn from Coinbase. That's awesome! People need to understand the basics before they start using crypto.

  6. 1.  We need to get away from calling it 'cryptocurrency' or 'crypto', because i feel that the name, makes it seem dark, mysterious and we think 'Crypt', as in death, coffins, graveyard.. etc.  and we should start calling it all "Freedom Money".  Now how can a country like the USA ever hope to ban anything with freedom in the name?  It would automatically make them look bad in the eyes of their citizens when we are supposed to be free!

    2. We need only true DEXs to exist and creators of them with the balls to stand against government policy, to protect our trading from governments and protect our privacy.  I love how IDEX knows nothing of who i am in all the trades i have made.  no kyc.. they dont even ask for a username or password..  just wallet-to-wallet anonymous transfers.  Though i don't know if they are 100% decentralized and protected fully from any government attack, but i do know i like what i see and want all exchanges to go this rout.  But DEXs are the answer.  Nobody can stop us if we are all exchanging WITHIN a decentralized blockchain platform.

    And when i say DEX, it needs to be not subject to following any rules of any country.. so, they need not report taxes to anyone, nor apply for even a business license in any place. It just exists like it has a life of its own.. not a business of any country.  without having a place of origin or operations and just existing in the 'ether' of a decentralized system, then no country could ever claim it to regulate or tax it because it would fall under no ones' jurisdiction.

  7. The spin that it's ok to own Bitcoin but not mine it or trade it in Russia or China is simply that the elite in those countries can legally hold on to their cryptos and use or buy/sell/trade them overseas which is what they already try time and again with fiat and gold (moving assets gained from corruption overseas).

  8. The main problem with government opposing decentralized crypto (which is basically people's money that they want to control & steal as per usual), is that it puts it out in an obvious, open way, that they are against the prosperity and freedom of people.

    Now we all know this of course (unless you're extremely naive), but now it makes it blatantly obvious. That is, they can no longer pretend to have our best interest at heart. They do not, and never did, as they are nothing but legalized thieves and two-faced manipulators. "Serve the people"… what a joke. You have to be really blue-pilled to believe that lie in this day n' age.

  9. BUY and STORE, but how the HELL DO YOU SELL…no one speaks of that..my exchange will not send my coin turned back into fiat…back into my bank…so?? what do i do with it?…i can't buy a house, pay my rent, buy food, utilities…nothing unless it returns to my bank as the fiat i bought it with..and no exchange will do that.SO..why keep talking about buying, and storing, TALK ABOUT SELLING. BITCOIN..the PIG IN THE POKE…( sorry youngsters)…hand full of air…nothing there…empty purse…just a slight breeze whispers throught the corners of the purse…howeling my name, and phone number, and SS number, and address,and a short note telling me my family can be found at a reeducation camp…Satoshi real name..Das Fuchs

  10. Another great episode! The Crypto Crackdown continues! Defeating the central banks is going to be awesome! Striping them of centralized control is going to be more fun than we thought!

  11. It's not about crypto, it's about capital flight. If a Russian buys crypto-currency on a foreign exchange at say $5,000, then that currency goes up to say $50,000, now it has 10x value and could potentially be sold on a foreign exchange – total value movement is towards Russia.

  12. basically.. good tax evasion if your russian… buy from usa and sell and then transfer to russia… good time to move to russia… MEANS USA does not get a fiat boot from crypto gains… boom cyber wars

  13. What I need to no is how can I buy a bit coin? If I had what $7900.00, to do this at bit-mex ? is that how to do it? Fiat is not accepted there. I don't understand, and I don't mean to be so dumb but guess what, can some one help me?

  14. The whole idea behind bitcoin is to break the back of the fiat system and give the people freedom to control money. So, will the Rothschild's nuke the whole world if they can't stop it? Yes I believe they will.

  15. Any country that tries to ban or limit the use of crypto will fall way behind technologically! The internet would not be what it is today, if governments had tried to ban or limit it's usage. I believe some did, but now realize the mistake of doing so. When Google pulled their android license from huawei, countries around the world realized how much control the US has when it comes to mobile device, there are only 2 major mobile OS in the world, android and iOS, and they are both owned by US companies. Limiting or banning crypto will have the same effect, the countries that give cryptos full reign will rule the future!

    A similar thing happened to the automobile industry in England, the government placed too many restrictions/regulations on owning and operating the car, that it ended up killing the industry. And other countries America and Germany, leaped way ahead of England and dominated the car industry at the turn of the century!

    Lesson: you cannot stop the advancement of new technology, someone will always push it forward, and you will end up paying the price for trying to hold it back!

  16. they wanted a digital currency all along, but knew the masses probably wouldn't go for it, unless it was decentralized, autonomous, and free from gov't intrusion. Now that the adoption they want is happening and the infrastructure is being built, the game is changing… they hold all the trump cards

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