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Posted

@Blackjax i used moon pay (but have big comission cant remember % ) and metamask (idk how much take you when you win,cause i lose what i get from some competition) in my opinion cash is much better of cripto..

Posted
1 hour ago, Ultras34 said:

@Blackjax i used moon pay (but have big comission cant remember % ) and metamask (idk how much take you when you win,cause i lose what i get from some competition) in my opinion cash is much better of cripto..

And very much less risky as well!

Posted

as countries increase casino restrictions, then crypto is an option for deposits and withdrawals but they can track everything these days. crypto is not anonymous anymore cause when there is fiat involved then it shows up on the records. from July 1 there is some new crypto laws for the EU. 

Key Implications

  • The "Grandfathering" Period Ends: Many crypto-asset service providers (CASPs) were previously allowed to operate under national licenses while transitioning to the new EU standards. As of July 1, those temporary permissions expire.

  • Mandatory Authorization: Any platform offering crypto services to EU clients must now hold a formal MiCA authorization. There is no "pending" status that allows a firm to operate while its application is being reviewed—if a firm does not have the license, it is effectively in breach of EU law.

  • Unified Passporting: Once a CASP is authorized in one EU member state under MiCA, it receives a "passport" that allows it to legally offer its services across all 27 EU member states under a single set of rules.

  • Market Exit for Some: Firms that failed to secure proper authorization by this date are required to stop serving European customers or wind down their operations. You may see some platforms delist assets, disable features, or restrict deposits for EU residents.

What This Means for Users

  • Service Disruptions: If your exchange or wallet provider did not secure its license in time, you might experience restricted access. Some platforms may have initiated mandatory withdrawal windows or blocked new activity.

  • Increased Consumer Protection: MiCA introduces strict requirements for platforms, including:

    • Asset Segregation: Clear legal separation between client funds and a provider’s own operational funds.

    • Market Abuse Rules: Explicit prohibitions against insider dealing and market manipulation.

    • Transparency: Requirements for standardized disclosures (white papers) for crypto-assets.

  • Stablecoin Oversight: Issuers of stablecoins (asset-referenced and e-money tokens) must meet stringent reserve, redemption, and audit requirements.

Recommendation: If you hold assets on a platform that does not have clear MiCA authorization, it is highly advisable to review your account status and, if necessary, move your assets to an authorized custodian or a self-custody wallet to ensure you maintain control.

 

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