Recent content by PinkCat

Well the "person" most likely to sue me is the EU country government which is aware of the asset being UBO by me since they have a law to declare it :)

I have an US c-corp which owns an EU country company which owns real estate in same EU country. UBO is declared in EU country since it will be illegal not to and hard to get bank account otherwise. If tomorrow someone (or the EU government) decides to sue me for whatever, is the real estate...

Pacsafe 15l backpack (has steel net inside and can be tied to furniture so doubles as a soft safe box) I don't trust the hotel safes since often the staff has the master code and theft is usually done by staff.) - for laptop, valuables and electronics (I often travel with expensive watches)...

Hm I'll give swissquote a try then. Thanks. investigation was by the correnspondent bank of the swiss bank.

If you are really rich and legit it is generally easy, video interview, answer bunch of questions about SoF, provide bunch of documents about SoF depending on your unique situation and its all done.

I have not had the need to do that yet. Probably won't need to soon. So sorry.

Is swissquote even a bank? Last time I checked it was more like a broker? There are currently 3 crypto friendly swiss banks, but from my last experience wiring to Dubai is problematic sometimes. Takes 2 weeks for a SWIFT and usually there is a investigation/questions. Money arrived eventually...

Because there are hundreds of banks worldwide and not all of them think in unison. Some have specifically became crypto friendly to get a competitive edge over other banks. Stopping is not as easy as you present it, in order to be effective most countries and banks should agree to act the same.

Yeah not optimal for me, but the amounts you can do are fine for 95% of the people.

Considering the attitude now is negative, and there will be CHANGE, the only other direction is positive? I'm doing crypto related transfer even now in USD and EUR with US and EU banks. So there ARE crypto friendly correspondence banks, but not UAE ones.

P2P is an elegant solution to the ongoing issue of exchanges with banks. I'm surprised that more exchanges aren't doing it.

I hear UAE banks attitude toward crypto might change soon, anyone else heard something like that from reliable source? (mine is mostly rumour based)

What? That is crazy! So they clearly don't want any foreigners?

Good to know. Have you been SoFed before that though?

Were they able to do anything to them? Do you think the exchange will survive?