@greenytrades The travel rule has been implemented globally. Word of caution for those that coinjoin. You will be asked to prove source of funds when transferring to an exchange. Only there's no way since origin can't be determined. You'd then have provide salary slips, bank statements etc
@GarethGcapetown@Discovery_SA There's nobody in charge of their IT systems. Whoever thought it best to have 4 apps and then jumping links between them should be fired
@sass_panda@WOOLWORTHS_SA@Discovery_SA Got a msg.
Vitality: We've updated your HealthyLiving details. To view the updates, log into the Discovery website or app and navigate to HeathyLiving on the Rewards page.
Don't exist
BREAKING: The S&P 500 closes at its highest level on record, now on track for a 10-week win streak for the first time since 1985.
That's +$11.7 TRILLION in market cap since March 30th.
@BitQua I don’t like to agree here but practically speaking it’s trending in that direction. South Africa looking to ban self custody and all the travel rule headaches. If you do anything institutional the custody fees are already way more than what IBIT or MSBT charge
🚨 The South African government is attempting to OUTLAW FINANCIAL FREEDOM.
🚫 Under the guise of "capital flow management," new draft regulations will effectively destroy self-custody and Bitcoin's promise of financial inclusion in our country.
🇿🇦 These aren't just rules for exchanges. They are a direct attack on EVERY South African.
Here’s what they do:
‼️ BAN SELF-CUSTODY: By targeting transactions that touch global network infrastructure, they make self-custody illegal.
‼️ FORCE LIQUIDATION: They grant the state the power to force the sale of Bitcoin to the National Treasury. This is expropriation.
‼️ OUTLAW CIRCULAR ECONOMIES: Peer-to-peer transactions for goods and services will be deemed "black market" activity if they exceed an unspecified threshold.
‼️ GIVE THE STATE ARBITRARY POWER: The Minister can decide the "threshold" for illegality at any time, creating uncertainty for everyone.
✊ This is a war on open, permissionless money. It's a war on the unbanked. It's a war on your right to control your own wealth.
📜 And they're trying to do it WITHOUT A VOTE IN PARLIAMENT.
⏳ The deadline for public objection is either May 18 or June 10, depending on which government source is consulted.
We have no time to waste.
👀SEE DRAFT HERE:
https://t.co/EtzOYZHYiP
👇 SUBMIT YOUR OBJECTION HERE:
https://t.co/IJueIgxQFE
🔖 READ THE CRITICAL ANALYSIS:
https://t.co/61zE6q2LYn
📢 SHARE THIS POST.
The world needs to see what is happening.