I meet people who think going on coinbase and keeping bitcoin there is fine… like the dog in the burning apartment meme… that cold storage is “how you lose your bitcoin” 😂

Afraid more and more exchanges worldwide gonna follow these regulation rules.

HOLY FUCK

😮

Do they also circumvent the movement of other capital? I guess when the economic situation is so bad as now, and the cost of debt is so high, smaller "players" has to circumvent that capital move to abroad, and external wallet is permissionless... so can move whereever it wants.

Coming to a country near you soon

Gm 🫂

Whatttttt

At the same time, they’re testing a wholesale CBDC.

America in 2 years why would you want to take self custody of your bitcoin when you can buy BlackRocks etf? Only criminals need to self custody bitcoin!

wtf. I know Gemini Singapore lets you do it so it must be a coinbase thing. Setting everyone up for a rug pull ????

Oof. Scary.

That’s pretty bad and also surprising given Singapore ranks pretty high on economic freedom

Time to buy btc peer-to-peer (like the Vexl app, create/join signal groups for peer-to-peer btc trading, etc). In Singapore, they shouldn't call it bitcoin anymore.

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Bastard sell outs

Buy as many BTC as you can then transfer to cold storage immediately. It’ll eventually happen in the US and when it does…

Singapore outings its “Switzerland is SEA” reputation at risk.

👀 https://image.nostr.build/1921e422df948a0389663e893c39526deb6b1bf35b5d528de9e42de4f82438e5.jpg

Why are people buying from CEXes, again?

Same here in South Korea. Exchanges are not allwoing direct withdraw to the cold wallet unless below 1000$ amount of coins. We have to move our coins to a specific foreign exchange where they are allowing like Binance Global. Then from there we can withdraw our coins to cold wallet. The best part i...

wow then they fight you indeed!