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coinatory · 10 months

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Saxo Bank obliged to get rid of crypto holdings by Danish authorities

Denmark's financial regulators are intensifying their efforts to strengthen regulations in the cryptocurrency industry. They are specifically targeting cryptocurrency service providers, aiming to prohibit local banks from holding cryptocurrency assets as a risk management strategy. To implement these regulations, the Danish Financial Supervisory Authority (DFSA) has issued an official directive to Saxo Bank, a prominent investment bank in Denmark, instructing them to sell off their current holdings of cryptocurrencies. The DFSA has expressed concerns about Saxo Bank's provision of cryptocurrency trading options and crypto-linked exchange-traded funds and notes to its customers. However, the recent order does not require the bank to cease offering these services. It's important to note that the full implementation of the

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#adoption #altcoin #bitcoin #blockchain #crypto holdings #cryptocurrency #cryptomarket #cryptonewstoday #Danish #ethereum #news #regulations #Saxo Bank

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crypto-shrypto · 2 years

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Pakistan can yield whopping $90 million in year if it imposes 15% tax on crypto transactions: Report

Quick facts:

RAIN CEO Joseph Dallago warned Pakistani officials that a capital gains tax on crypto holdings could fetch Pakistan $90 million in taxes.

According to RAIN General Manager Zeeshan Ahmed, other countries, such as India and the US, collect billions of dollars from crypto taxes.

According to Ahmed, Pakistan should explore legalising crypto transactions and regulating the crypto industry

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cryptogeck · 2 years

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Yat Siu, co-founder of Animoca Brands, says that the latest crypto market meltdown is different from the one in 2018. The crypto industry is now more efficient, making it more reliable.

https://cryptoshrypto.com/animoca-brands-co-founder-web3/

#animoca brands #bitcoin #crypto holdings #crypto market meltdown #ethereum #metaverse #non-fungible tokens (nfts)#terrausd #web3 ecosystem #yat siu

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astraltrickster · 6 months

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Given that my post about why you are not obligated to blog about Current Events (whatever they are at any given time) is going around again, I'd like to say the same thing from a slightly different angle and state what you ARE obligated to do.

You are still not obligated to blog about ANY specific subject, no matter how serious, no matter how urgent, no matter how grave. You never will be. The impact of social media on real world atrocities has the potential to be great, but it is cumulative. No one is going to die in a ditch somewhere, barely uttering the tragic final words, "if only...if only...tumblr users wormhentaiafficionado and mothmanbutthole...posted about how sad they are...then maybe things would be different..." - nor are policymakers going to change their minds because some tweet has 749,845 cumulative likes and retweets instead of 750,000. Make no mistake, if you have the energy to be sharing these kinds of things, it can be good to do! We live in a society, it's always good to help where you can, even if all you can do is show public support for people who are hurting - but if you can't do that, for any reason, you're not obligated to. Period. End of.

What are you obligated to do?

1. Give people the benefit of the doubt. Social media accounts are not most people's entire lives. Just because someone isn't blogging about whatever tragedy is occurring does not mean they don't care. Sometimes it does mean that, sure, and that sucks - but not only are you not going to change that by yelling at them, sometimes it means they care too much. Sometimes it means they're closer to it than you assumed and need a moment to think about something else, anything else. Sometimes it means it's not safe for them to be blogging about it, be it due to abusive family potentially finding out, being at risk of getting fired and quite possibly dying of poverty sooner rather than later, or even taking very illegal direct action that they do not want to be linked to on record in even the vaguest possible way. Sometimes it means dealing with it is their day job and they're on the internet after a long and exhausting day of trying to make things better. You don't know. You'll never know unless they decide to tell you. No one owes you that explanation. You are obligated to make peace with that fact.

2. Slow the fuck down.

Listen. When bad things happen, from natural disasters, to manmade horrors beyond our comprehension, it's only normal to get scared and desperate to do something, anything about it. That heightened emotional state is very vulnerable, and because of that, there will always be people out there looking to take advantage of the chaos for ulterior motives - and no matter how good your intentions, and in fact no matter how right you are in your values and at the core of your strategy, you will never be immune to garbage-in-garbage-out. Misinformation can be deadly, even in the hands of someone who means well. You need to pause long enough to sort out the garbage. You need to learn to fight the impulse to trust every single post that tells you that your share/comment/etc. is URGENT and WILL mean the difference between life and death for someone, somewhere. Do your fact checks. Scan for dogwhistles before you end up passing around a post that implies [insert group that is marginalized in most of the English-speaking world but has hegemonic power in some other part of the world and is committing some atrocity there] is coming after you next if you stay silent. Vet charity and advice links before you accidentally send scared, desperate, and vulnerable people to a scammer - or worse, hand them over to a honeypot operation or give them a recipe for poisonous "medicine".

Or, to put it another way, you are obligated to make an attempt to stay informed enough to avoid making things materially worse. You are not obligated to doomblog. In fact, doomblogging can be antithetical to your obligation to not make things worse. Choosing neutrality in times of great tragedy and injustice is bad, yes, but you should immediately be wary of anyone who says that simply not blogging about a subject - let alone not sharing a specific post - is inherently "choosing neutrality".

So remember: breathe. Be careful out there. Mourn for the people that whatever atrocity has this or my other post circulating has taken from us or will take from us, and do your best to be kind to the people who are still alive - and remember that kindness includes using social media responsibly.

#current events #internet safety #serious tag #on 10/27/2023 - this post brought to you by the fact that i've seen multiple people #who i know mean well #pass around full tilt new world order conspiracy propaganda shit because it was hidden in support for palestine #i don't mean ''israel is committing genocide'' i'm not denying that #that is very much happening and it's horrifying #but i mean full on ''(((They're))) controlling the whole world's media to cover it up and you're next if you don't share this post #you're the last bastion of hope we have if we don't want to lose all we hold dear all over the world'' level shit #and it was honestly enough to make me dissociate #but i leave it generic because i know it will be relevant to something else in the future #and like. bruh. generic timeless question. if you'd rather people be passing around misinformation that does more harm than good #up to and including - and i cannot stress this enough #anything from SCAM CHARITIES to CRYPTO HATE PROPAGANDA to POISON RECIPES PASSED OFF AS MEDICINE #than just...not using this ONE aspect of their lives to talk about [INSERT ISSUE HERE]#....do YOU care? or do you just want an excuse to FEEL like you're helping by micromanaging strangers?

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wretchedraymond45 · 8 months

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spamton yaoi based off these images from my friend

@critterishere @silly-ehggy @cozmostar

#my art #ms paint shenanigans #big shot spamton #deltarune #HOLD YOUR CRYPTO ON BINANCE AND GENERATE P

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buckpaws · 4 months

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im normal im fine its okay im fine imn

#apex #crypto #caustic #someone will transcribe this i would but i have to go to WORK #AGH #NOT THEM WORKING TOGETHER TO HELP THEIR MOMdfgnNN #caustic says 'and we involve the doctor as requested'#HORIZONN??#IDK im so excited abt this i just unlocked it #ive been thinking abt this already since suotamo is the next map #n devs confirmed gaea is affected by the storms at stormpoint #shitshithsit caustic is getting story someone hold my beer

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mochirialgworl · 10 months

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The Image That Ruined My Childhood

#im disappointed #not surprised but still disappointed #sealand #crypto bros #i hate nfts #WHY #hetalia #micronation #sweden plz get a hold of your child #dumb shit #clownery #hws hetalia

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apollos-boyfriend · 10 months

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happy fathers day to schlarklez i hope single dad captainsparklez and child support dodger schlatt are having a good day today with their children named after illnesses and also crumb

they are having a great day the kids all banded their money together and bought a bit of eggcoin for schlatt and a bit of schlattcoin for jordan <3 neither of them are happy with this.

#muse talk #anon #divorceverse #correction: they are happy that the other is now Forced to hold some of their crypto #bc if they sell it they'll make their kids sad #however. that also means they have to own each other's crypto.#additionally cakes were attempted to be made. only one survived and thats bc crumb kicked tubbo and adam out of the kitchen #average fathers day in their household

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palidoozy-art · 2 years

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glad tumblr lifted the nsfw ban, even though I don’t do tiddy and/or donger art.

tumblr’s 100% my favorite social media platform so happy we’ll see more people here at least.

edit: unsure if they are actually lifting the ban or testing out some filters, so be safe before you post my thirsty friends.

#while i don't plan on ever doing tiddy and/or donger art #still glad the option is open at least #also this platform is the best for art and i will die on that hill #being able to talk in the tags about nonsensical bullshit without it being carried over to the main post? 100% great #no character limits and I can park my regurgitated D&D rants underneath a read more? yes. flawless #doesn't obligate my art be some weird format that cuts off the picture arbitrarily like twitter did and instagram does? thank christ #very few crypto weirdos because they all got scared off by their imagined version of a tumblr teenager? thank you for your service #the only thing i will hold against it is that currently i cannot reply to comments

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seminaldesigner · 2 years

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#hodl #crypto #finance #skeleton #skull #hold on for dear life #plummet

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crypto-shrypto · 2 years

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Animoca Brands co-founder comes in support of Web3 ecosystem despite crypto market meltdown

According to an interview on May 18, Animoca Brands co-founder Yat Siu thinks the web3 ecosystem will continue to grow rapidly despite recent volatility in the crypto markets. According to Siu, the latest crypto market meltdown is not comparable to the 2018 market crash. He added that Bitcoin was trading below $3,000 and Ethereum was trading below $100 during the 2018 meltdown.

He remarked that most crypto adopters at the time did so for speculative reasons because the ecosystem was young and lacked usefulness. However, he believes that the crypto industry has grown and now has a wide range of uses in the metaverse, including non-fungible tokens (NFTs).