Replying to Avatar MTCᵍᵐ

🚨 Some troubling Bitcoin news from the UK.

I met a broker last week, who is making system changes to comply with new regulations requiring all exchanges to implement - by 6 Jan 2024 - the following for UK bitcoin buyers:

- A 6-page test that you must pass.

- You will get 3 chances to pass the test. If you fail all 3, they must deny your account. PERMANENTLY!

- A 48 hr “cooling period” before you can actually buy.

- Your bitcoin purchases will be limited to 10% of your net worth, measured in LIQUID assets.

Trapping you in fiat debt hell. Warn your friends.

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El_monty 2y ago

This kinda feels like someone is pulling your plonker... On the other hand coinfloor did recently ask my net worth or something similar out of the blue that I did think why..?

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El_monty 2y ago

Or coincorner even! Lol

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