ShintoMystery
Sat Jun 08 2024
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6 answers
1472
Why is Binance banned in the Philippines?｜, adding that this violates the country's securities laws.The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker
Could you please explain the reason behind the ban on Binance in the Philippines? It's mentioned that this ban is due to a violation of the country's securities laws. Could you elaborate on how Binance has been accused of offering unregistered securities to Filipinos and operating as an unregistered broker? What specific actions or practices of Binance led to this ban?
ethan_thompson_psychologist
Sat Jun 08 2024
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7 answers
1105
Is Bitcoin halal in Malaysia?｜2.2. 1. The Chairperson of the Shariah Advisory Council of Bank Negara Malaysia (BNM), Dato' Dr Mohd Daud Bakar, said that cryptocurrency and digital currency are permissible from the Shariah perspective, unless there is a legal ban in a particular jurisdiction.Cryptocurrencies and crypto assets are permissible
Could you please elaborate on the Shariah perspective towards cryptocurrencies in Malaysia? Does Dato' Dr Mohd Daud Bakar's statement indicate that Bitcoin is specifically considered halal in the country? Additionally, are there any legal bans or regulations in Malaysia that prohibit the use of cryptocurrencies? Lastly, how does the Shariah Advisory Council of Bank Negara Malaysia generally approach the legality and acceptability of digital currencies in Malaysia?
EclipseRider
Sat Jun 08 2024
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6 answers
1446
How much money do you need in your bank account to move to Spain?｜in a Spanish bank account. All financial proof needs to be in Spanish and stamped by the issuing Spanish bank. In some instances, authorities require at least 3 months of bank statements.A regular monthly income of at least €600 OR a lump sum/savings of at least €7500
Could you please elaborate on the financial requirements for relocating to Spain? Specifically, how much money should I maintain in my Spanish bank account? I understand that all financial documentation must be in Spanish and authenticated by a Spanish bank. Additionally, are there any specific instances where authorities might demand at least three months' worth of bank statements? And, is a monthly income of at least €600 or a lump sum/savings of at least €7500 considered the standard requirement for residency in Spain?
Davide
Sat Jun 08 2024
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7 answers
1726
Is Kucoin legal in Germany?｜. One of the key aspects of Kucoin's compliance efforts in Germany is its partnership with licensed financial institutions in the country.Kucoin, as a global cryptocurrency exchange, has taken steps to ensure its operations are aligned with the legal framework in various jurisdictions, including Germany
Is it permissible for Kucoin to operate legally within the borders of Germany? I understand that one of the pivotal components of Kucoin's compliance strategies in Germany involves collaborating with financial institutions that possess the necessary licenses in the nation. Given that Kucoin functions as a worldwide cryptocurrency exchange, I am curious as to the measures it has taken to synchronize its operations with the regulatory framework established in diverse jurisdictions, particularly in Germany. Could you elaborate on this matter?
CryptoAce
Sat Jun 08 2024
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5 answers
1168
Is crypto legal in Qatar?｜Like the QFCRA, Qatar's central bank announced that it is illegal to trade bitcoin in the country of Qatar. The rationale for banning bitcoin is because the coin is highly volatile and can be used for financial crimes and electronic hacking as well as risk loss of value because there are no guarantees or assets.
Could you please clarify for me the legality of cryptocurrency in Qatar? It seems that Qatar's central bank, along with the QFCRA, has declared trading bitcoin illegal in the country. I'm curious about the reasons behind this ban. Is it due to the highly volatile nature of bitcoin, its potential use in financial crimes and electronic hacking, or the risk of loss of value since there are no guarantors or assets backing it?
