Due to new regulatory guidelines within the European Economic Area (EEA), we have decided to discontinue trading of the following stablecoins: USDT, PYUSD, EURT, TUSD, and UST.
Trading of these stablecoins will officially end on February 26, 2025.
🇨🇿 Czech Stage @BTCPrague@marian001 v roce 2013 spustil a provozoval první bitcoinmat v Evropě. Dnes je hnacím motorem adopce díky svému zapojení do společností poskytujících zprostředkovatelské služby v oblasti kryptoměn, bankomatů, těžby a vzdělávání.
Today we bid our farewell to @AgoraDesk 💔
On OrangeFren.com we list 5⃣ alternatives for our users:
👉 @relai_app - OTC trading desk with no KYC up to 1000 EUR/CHF per day. #Bitcoin only
👉@Bitnik_eu - OTC trading desk with KYC, but no CRS reporting. Support for all major currencies (crypto & fiat)
👉 Stealths - global & US prepaid cards
👉 Bisq - (cumbersome) DEX with support for fiat & crypto
👉 OrangeFren Broker Partner - contact info to a trusted broker providing cash for crypto in major cities (excl. 🇺🇸) without KYC
You'll find these options in the Buy & Sell tabs 🔎
gm frens
Today we're happy to announce we added @Bitnik_eu to OrangeFren.com
Bitnik is an OTC trading desk. They require KYC, but CRS reporting doesn't apply to them
They're a solid choice if your bank doesn't allow txs to/from CEXes
You'll find Bitnik in the Buy and Sell tabs on OrangeFren.com
Elevate your crypto security game! Discover the power of Multi-sig, Shamir Secret Sharing, Air-Gapped Computers, and Inheritance Plans.
bitnik.eu/en/2024/03/19/…
I'd like to promote my friend's company.
He runs a Slovenian crypto OTC service to exchange cryptos to fiat and vice versa.
bitnik.eu/en/
What are the advantages they have over a crypto exchange:
* By law they are not subject to CRS regulation, so they do not do any automated reporting to the tax authorities!
* They can also process large volumes (if you want to buy a house or apartments anywhere in the world )
* Up to 100k they have fees of about 2%, from 100k 1%
* They can send money to Georgia and apparently also to Paraguayan bank accounts
* Unlike crypto exchanges, they are not blacklisted by banks, so when a transaction comes from them to your bank, the banks have no problem with it (!) and they don't know that it is crypto money
Dive into the evolution of crypto regulations. Discover the journey into a new era of compliance. International developments and their impact, loss of privacy, compliance costs, and regulatory challenges—what's next for cryptocurrencies?
bitnik.eu/en/2023/11/20/…
Learn to secure your crypto investments: Custodial vs. Non-custodial wallets, choosing secure wallets, backup tips, spotting phishing scams, and more. Discover the keys to cryptocurrency security and protect your assets effectively. 💪
bitnik.eu/en/2023/11/03/…
Central Bank Digital Currencies (#CBDCs) are changing the financial game, offering efficient digital alternatives. While they promise convenience and inclusion, they also raise privacy and stability concerns.💰🌍
Stay informed: bitnik.eu/en/2023/10/12/…
Read this article to understand our reflections on the legal landscape for virtual asset service providers, the rapid regulatory changes, and the struggles that virtual asset service providers in Slovenia are facing nowadays.
bitnik.eu/en/2023/08/02/…
We continue to offer fully compliant OTC desk services with a proven track record of reliability and exceptional customer service, providing competitive crypto brokerage services to both individuals and companies.
ATMs will be collected from their locations in the coming weeks and shipped to more free-market economies and jurisdictions which have more respect for individual freedoms.
This will most likely leave Slovenia without a single crypto ATM.
After 9 years, we're closing Bitnik ATM network in Slovenia.
Our decision is primarily driven by the hostile regulatory environment in financial services and the lack of banking services available to crypto companies.