Revolut Gets MiCA License for 280 Tokens in Europe

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#1Jul 7, 2020, 10:10 AM
So Revolut just snagged a MiCA license, allowing them to offer crypto services in 30 EU countries. Big move for their plans to expand.
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AtomicForkFull Member
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#2Jul 7, 2020, 12:19 PM
I mean, idk... feels like a big deal about nothing. Just means they can peddle digital junk. If the EU really cared about crypto, they wouldn’t let such stuff slide.
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planktonHero Member
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#3Jul 8, 2020, 07:30 AM
Gotta disagree. In Russia, we can't even trade half this stuff legally, and it just sends investors to sketchy Asian platforms. So for Europe, this is a plus.
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serHero Member
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#4Jul 8, 2020, 10:13 AM
Yeah, but the way I see it, the EU wants control but ignores the fact that many will lose money on these pointless tokens. Regulation is one thing, but KYC everywhere?
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AtomicForkFull Member
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#5Jul 9, 2020, 02:52 PM
Right? Hallucinations in EU decision-making are real. I mean, banning ethanol in hand sanitizers while ignoring it in booze? Seems off.
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#6Jul 9, 2020, 04:47 PM
You're kind of looking at this through a Russian lens. My issue is with the bureaucratic load. Either let the market be free or just ban the tokens entirely.
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planktonHero Member
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#7Jul 9, 2020, 06:09 PM
Hey, some agreement! Feels rare. But for real, the big boys always win in the market, right?
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AtomicForkFull Member
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#8Jul 9, 2020, 10:21 PM
Lol, good to see you back! I mostly agree, but sometimes a good ban can keep things in check.
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#9Jul 10, 2020, 03:53 AM
I really can’t stand the EU’s regulatory tightrope, but maybe keeping risky tokens off limits isn’t the worst thing for users.
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planktonHero Member
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#10Jul 10, 2020, 07:56 AM
For sure, wealthy folks hate restrictions. Sanctions in Russia means nothing when cash can flow freely to other markets. Europe needs to watch it.
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serHero Member
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#11Jul 10, 2020, 09:59 AM
Having different opinions is healthy, though. If we all thought the same, we’d be in trouble. Question everything, man.
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#12Jul 11, 2020, 05:33 AM
Totally agree. Governments don’t always have our best interests at heart. These laws seem more about control than protection, even if they help users a bit.
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