The upcoming G7 meeting in Japan will focus on the regulation of cryptocurrencies, one of which is the adoption of a so-called "travel rule." This rule requires that detailed transaction addresses and personal private information must be provided for sales with a valuation of more than 3,000$ on any trading platform. But in fact, cross-border legal currency transactions need to reach $10,000 to apply to such a privacy level. How do you feel about such unfair applicability? Welcome to leave me a message in the comment area.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The upcoming G7 meeting in Japan will focus on the regulation of cryptocurrencies, one of which is the adoption of a so-called "travel rule." This rule requires that detailed transaction addresses and personal private information must be provided for sales with a valuation of more than 3,000$ on any trading platform. But in fact, cross-border legal currency transactions need to reach $10,000 to apply to such a privacy level. How do you feel about such unfair applicability? Welcome to leave me a message in the comment area.