What is the 1% rule in crypto?
Excuse me, could you possibly enlighten me about the so-called '1% rule' in the realm of cryptocurrencies? I've heard it mentioned in various forums and discussions but have yet to come across a clear, concise explanation. Could you please elaborate on what this rule entails, its significance in the crypto world, and how it might impact investors and traders? Thank you in advance for your time and expertise.
Where is Sam Bankman Fried from?
Excuse me, I have a question regarding Sam Bankman Fried. Could you tell me where he hails from? I'm quite fascinated by his journey in the cryptocurrency and finance world and am keen on understanding more about his background. His rise to prominence in this industry has been quite remarkable, and I'm curious to know what inspired him to pursue this path. Could you enlighten me on his origins and how he got started in this fascinating field?
Canada, North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine (currently including the ...Bybit does not offer services or products to Users in a few excluded jurisdictions including the United States, the United Kingdom
Questioner's Tone: Curious and Inquisitive "I'm somewhat perplexed by the list of excluded jurisdictions mentioned in this paragraph. Could you please elaborate on why Canada, North Korea, Cuba, Iran, Uzbekistan, and Russian-controlled regions of Ukraine are excluded from Bybit's services? Is it due to specific regulations or legal constraints in those regions? Additionally, why are the United States and the United Kingdom also excluded? Are there any other countries or regions that Bybit does not offer services to? Could you provide a more comprehensive list or any additional context that would help me understand the reasoning behind these exclusions?
Is KuCoin legal in the UK?
I'm quite curious about the legality of KuCoin in the UK. As a cryptocurrency exchange platform, KuCoin has gained popularity due to its extensive list of supported coins and trading pairs. However, I'm aware that the UK has strict regulations regarding financial institutions and crypto assets. So, I'm wondering if KuCoin has obtained the necessary licenses and compliance measures to operate legally in the UK? Could you please clarify this matter for me?
Does Revolut crypto report to HMRC?
Good afternoon, I have a question regarding Revolut's crypto reporting practices. I understand that as a leading financial institution, Revolut offers its customers the ability to trade in cryptocurrencies. However, I'm concerned about the tax implications of these transactions. Does Revolut report any crypto-related transactions to HMRC, the UK's tax authority? If so, what information is typically included in these reports? Additionally, are there any specific tax guidelines or regulations that Revolut follows when dealing with crypto transactions? Thank you for your time and assistance.