It's just perfect, there is no market for Banks or other nefarious 3rd parties to get between retail investors and their stocks crypto but they found nifty office tricks to create one. It's the consultant searching for a problem in a healthy company after he was hired to solve it. Of course, major moves like this get 0 coverage and happen the FIRST week after the Dr. Evil summit in Davos. BravO.
This will not be the last action taken against retailers. If this is a direction, we'll see Crypto Apps getting attacked next.
Well those with $100K can still get involved.
So it is catering to the bigger players, i.e. Wall Street.
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Well if you throw 100k+ per Transaction, you can't really be called retail. In Europe that means that all those transactions will be registered with the equivalent of what the IRS is. That is mandatory for transactions above 100k already. Deal is sealed.
In the US, it was $10K and now is moving towards $600.
So that, from the US perspective, doesnt affect much.
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Dang that is low, you guys really are "big with" data collecting.
It is going to be an exciting war with codes at the core of it.
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They will push their own crypo network with all available force. HBar is such one, it's a WEF-certified Blockchain, 100% creepy.