ISO - The down-low on digital currency

Bitcoin Foundation Launches Financial Standards Working Group to Apply for XBT as ISO 4217 Currency Code

submitted by haakon to Bitcoin [link] [comments]

Bitcoin in ISO 4217

So I noticed that Bitcoin is often denoted as BTC, but that contradicts with ISO 4217 in two ways: 1. BT is the ISO 3166-1 alpha2 code for Bhutan, thus according to ISO 4217 the code BTC is currently reserved for a currency administered by the Bhutanese. The second problem is that global currencies, such as Bitcoin, have the first letter X. A proposed ISO 4217 compliant code for Bitcoin is XBT, but it has also been proposed that a new coding system for cryptocurrencies be introduced. What are your thoughts?
submitted by MeepPenguin7 to Bitcoin [link] [comments]

Bitcoin in ISO 4217 /r/Bitcoin

Bitcoin in ISO 4217 /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin in ISO 4217 /r/Bitcoin

Bitcoin in ISO 4217 /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Petition | SIX Interbank Clearing: Include a symbol for Bitcoin in ISO 4217 | Change.org

Petition | SIX Interbank Clearing: Include a symbol for Bitcoin in ISO 4217 | Change.org submitted by bitcoinforum to Bitcoin [link] [comments]

Sign this petition: SIX Interbank Include a symbol for Bitcoin in ISO 4217 - bitcoinforum.com - The Unofficial Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

TIL: Bitcoin has an ISO 4217 associated with it.

TIL: Bitcoin has an ISO 4217 associated with it. submitted by sefy98 to Bitcoin [link] [comments]

Bitcoin has an ISO 4217 associated with it - Bitcoin Forum - The Unofficial Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

change.org: SIX Interbank Clearing: Include a symbol for Bitcoin in ISO 4217 - The Unofficial Bitcoin Forum

submitted by bitcoinforum to Bitcoinforum [link] [comments]

Call for action: there are only 23 BTC ATM's in the OpenStreetMap database...

Take a look at current state of BTC ATM's in OpenStreetMap: https://i.imgur.com/68tKP5p.png (see EDIT, this is incorrect filter, it should be XBT)
https://i.imgur.com/jKbQoTN.png
Or run query yourself: (please don't do "Reddit hug of death):
https://overpass-turbo.eu/s/Xj1
(see EDIT, this is incorrect filter, it should be XBT).
OpenStreetMap being open platform for mapping the world (from countries to streets to hiking roads to benches or even trash cans) seems in the same open nature like Bitcoin is.
So, please consider contributing Bitcoin ATM's to OpenStreetMap database!
You can do that using https://www.openstreetmap.org editor (create account and press Edit), or install mobile editing app like Vespucci (or others), or full-powered JOSM (for desktop).
Check OpenStreetMap wiki page about ATM. Basically it's "amenity=atm" with "currency:BTC=yes" (see EDIT) "currency:XBT=yes". Add other appropriate tags too, like operator, other currencies and others.
Yes, I know we have https://coinatmradar.com/ (and maybe others), but these closed/proprietary sites might go "out of business" any time and we will lose all the data. Meanwhile, you can host your own OSM server if you will!
EDIT: actually it should be currecny:XBT=yes as of this note:
For Bitcoin, please use currency:XBT=* instead of currency:BTC=*. In fact "XBT" is ISO 4217 compliant.
Still, https://overpass-turbo.eu/s/Xjl shows 386 ATM's if I filter for XBT, which is much less (order of magnitude) than of total atms.
So first we have to fix currencty:BTC to currencty:XBT.
submitted by Talkless to Bitcoin [link] [comments]

Standardization of Bitcoin Cash acceptance tags on OpenStreetMap

According to the OSM wiki, there are two common tag notations for Bitcoin acceptance, payment:bitcoin and currency:XBT. The former is used much more frequently than the latter (7574 vs. 389). The equivalent Bitcoin Cash tags are payment:bitcoincash and currency:BCH. Of those, the latter is used more commonly (83 vs. 45 occurrences). However, only the former seems to be used by aggregator apps, such as Marco Coino. Using both on the same point is considered redundant and is therefore discouraged by the OSM community.
This inconsistency is an obstacle, that has to be resolved.The following steps need to be taken:
  1. Community discussion and voting on the "official" tag to represent Bitcoin Cash acceptance;
  2. Creating a wiki page to indicate the accepted tagging notation, likely at https://wiki.openstreetmap.org/wiki/Bitcoin_Cash;
  3. Updating every tag in the OSM database to use the accepted "official" tag notation;
  4. Publishing the "official" tagging notation on relevant community portals.
This is an attempt to start with point 1. I could, in theory, just go ahead and perform point 3 and, maybe, even 2, but i'm not comfortable making decisions on behalf of the community without prior discussion.
Personally, i prefer "payment:bitcoincash", for the following reasons:
  1. It matches the tag notation for Bitcoin, and Bitcoin Cash is, well, you know;
  2. It is the same as the payment URI prefix;
  3. "BCH" is not an ISO currency code, and the "currency:" tag strongly prefers those;
  4. Bitcoin is a payment system more than it is "just" a currency;
  5. A tag search for "payment:bitcoin" also matches "payment:bitcoincash", which should be considered good (see point 1).
submitted by simon-v to btc [link] [comments]

Test results TkeyNet, release date, and the opening of an office in the UK.

Test results TkeyNet, release date, and the opening of an office in the UK.

https://preview.redd.it/o29r0qu664j51.png?width=700&format=png&auto=webp&s=b34a6841ca97bbd70c9a23fe5ed83813d5f513d1
Hello everyone! Today we will talk about the results of the development of the TkeyNet system and related products, as well as share the test results and release date.
To date, the Protocol has fully debugged. The process of debugging the TkeyNet system is moving with decisive steps — 94.7% of testing of all the functions that TkeyNet includes has completed.
During the tests, the following properties and functions tested with different scenarios:
  • Atomic exchanges;
  • Security;
  • Validation;
  • Interaction of the Protocol with SQLite and PostgreSQL databases;
  • Consensus;
  • Modules for financial institutions;
  • Data exchange in the network;
  • Synchronization;
  • The monitoring system of balance;
  • Transactions that include trades;
  • API;
  • TkeyIndex;
  • TkeyConnect.
Documentation for the TkeyNet system will release on the website tkey.org as well as reviews of the system TkeyNet will be published in the company’s blog.
Back-end TkeyNet developed in the C++ and C) programming languages, to improve performance, some of the code written in C.
The C programming language is the world’s fastest high-level programming language. It is called a high-level assembler, but unlike an assembler, code on it can be compile without changes on any device.
The specified stack is selected to meet the stringent requirements of the financial sector: enhanced security, scalability, and the ability of the system to work 24/7/365. The TkeyNet system is adapted to the world standards: ISO, ISIN.

https://preview.redd.it/x9g2rlz864j51.png?width=700&format=png&auto=webp&s=b2cf80ee5cd722abdb306803d6454e2afde899b0
TkeyNet supports the structured query language and interacts with flexible SQLite and PostgreSQL databases.
PostgreSQL complies with ANSI/ISO SQL standards, and unlike other DBMSs, it has object-oriented functionality, including full support for the ACID concept. An SQLite was selected to improve the speed and performance of operations. SQLite will also serve as an excellent solution for mobile applications that will be created based on TkeyNet.
PostgreSQL is the most advanced RDBMS, focusing primarily on full compliance with standards and extensibility.
During this period, we also completed work on a powerful API. The API is designed for organizations and developers to use the full power of TkeyNet in individual solutions. Software developers, whether mobile apps or local software, will get APIs and client libraries that will simplify the interaction of the corporate market with TkeyNet.
The API provides guaranteed availability, scalable volumes, and responds within milliseconds.

Test results: transaction and operation speed in TkeyNet

To date, testing shows excellent results on the speed of payments made via TkeyNet.
Last week’s results: unlike the first Protocol, where it took at least 10 minutes to validate a transaction, payment transactions in TkeyNet processed in 25 seconds without losing security properties. Performance improved by 2400% compared to Core 1.0

The block generation time in Core 1.0 is at least 10 minutes, and in TkeyNet — 25 seconds according to the test results.
If it took at least 10 minutes to confirm a block, and sometimes it took two or more hours, in TkeyNet developers achieved a stable indicator of 25 seconds without losing security properties.
To achieve our goal of launching the Protocol — we identify possible changes, theorize solutions, model proposals, and test our theories in practice. This process involves a lot of internal discussions and collaboration with external parties who provide feedback on the operation of a particular module, and the entire system as a whole.
Before the launch of TkeyNet, work will carry out to optimize and improve performance. The team plans to increase its performance indicators by 6000% compared to Core 1.0.

The Core 1.0 block generation time is 10 minutes. TkeyNet test network — 25 seconds. TkeyNet main network-up to 10 seconds.
To do this, we will work with individual modules and libraries of databases, transactions, and consensus. The goal for developers is to process payment transactions for up to 10 seconds at most.
The process secure in the logic of consensus, which solves a complex problem in a matter of seconds.

High throughput rates of the TkeyNet Protocol. B2B & B2C sectors.

To meet the needs of companies, startups, and corporations, — TkeyNet responds with fast processing of trades*.
Payment transactions — exchange of currency or shares, exchange operations, interbank settlements, etc.
For a better understanding, let’s analyze the obtained characteristics at the time of testing TkeyNet:

https://preview.redd.it/t31c3kih64j51.png?width=466&format=png&auto=webp&s=daad005d8cd5066e9d3cb67e9f147d0a7b362d97
Results: 1,225,000 trades per block.
https://preview.redd.it/gerxtesi64j51.png?width=472&format=png&auto=webp&s=e0b96995b7d6fbede61fe7761a55005ec20de403

The scaling of the TkeyNet system

The TkeyNet system is easily scalable by increasing the RAM and CPU parameters. We have launched three nodes on powerful servers with the following characteristics:
  • CPU: 72 Core.
  • RAM: 144 Gb.
  • SSD: 120 Gb.
Transaction throughput increased 2.8 times to ≈3,430,000 transactions per block.

https://preview.redd.it/mvot6c3l64j51.png?width=617&format=png&auto=webp&s=23f4ea57f30fd6978568d12948c0ecb571f2f071

Vertical scaling

Unlike Bitcoin and other blockchain systems, where increasing the power of the miner’s hardware does not lead to an increase in network bandwidth.
Usually in such networks, increasing the power is a direct necessity, otherwise, transactions will not take place at all or will take hours, or even days. Because of what actually appears “manipulation of miners” and various types of network attacks.
On practice in such networks, increasing power is a direct necessity otherwise, transactions will not take place at all or will take hours or even days. Therefore of what appears “manipulation of miners” and various types of network attacks.
TkeyNet uses vertical scaling. With increasing node capacity, the throughput of the entire TkeyNet system increases. It turns out that regardless of the number and power of nodes, transactions will take place in 25 seconds, and with increasing power nodes — the number of processed transactions will grow.
As we said above, our developers are working to improve these indicators, where the block validation time will take no more than 10 seconds. Transactions will take place for 1 second to 10 seconds maximum. Also, this parameter significantly increases the volume of trades conducted via TkeyNet.

Front-end. Graphical user interface.


https://preview.redd.it/wrjfa95n64j51.png?width=700&format=png&auto=webp&s=a5137fac7774864fab431fdd7ac51c73ffca3075
During August, the web products team continues working on secure wallets and a blockchain Explorer. The new software is under development, but it has already come a long way from layouts and graphic design and is ready to move to the stage of connecting the TkeyNet back-end with native products. If everything is in the final stage on the back-end side, then the client part (front-end*) needs time to complete debugging. We needed to design applications per best security practices.
\The Front-end developer creates the user interface.* Testing of blockchain applications is not much different from testing regular applications and resembles functional testing of a payment system. Test cases include checking the balance, fields, transaction statuses, and so on.
Also, we conduct continuous testing during development, taking into account the severity and scale of the TkeyNet system that will be used by organizations, corporations, and users, respectively. According to the results of testing and a meeting of the development team, the launch of TkeyNet is agreed for September 25–mid-October, possibly earlier.
Website tkey.org — will be updated in October 2020, taking into account the volume of documentation, packaging all the meanings of the perfect new product TkeyNet. Tkeycoin.com — updated earlier, before launching TkeyNet.
Also, to the upcoming launch of TkeyNet, the management decided to open a representative office of TKEY in the UK for the development of digital Banking and digitalization of assets.
Working with partners in the UK will focus on implementing TKEY’s corporate strategy and market solutions that meet customer needs, create new revenue sources, and provide opportunities for Corporations growth.
We create a great future for people by continuously improving our services and business products. All our actions are concentrate on becoming a leader in the market.
We also remind you that after the launch of TkeyNet, the start date of TKey trading will announce.
The fourth quarter will be hot, get ready!
https://i.redd.it/ynv5xknq64j51.gif
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

Banca internacional #03 UK LT BG MT DE – Intro EU y Fintech

Este contenido fue publicado originalmente el 06/08/2019 - Aca
Posts anteriores de la serie

Background e intro
La Union Europea y en cuestión el Area Economica Europea o single market es un colectivo de veintiocho estados, cuales en su mayoría abolieron todo tipo de controles migratorios internos. También llamado Area Schengen, aunque esta, no incluye los veintiocho miembros sino, veintiséis.

De la misma manera, el “single market” o Eurosystem, mercado común europeo y su moneda de facto el Euro, ISO 4217 : EUR no se usa en todos los miembros del área política. Sin embargo todos los miembros de la Union Europea y varias de las jurisdicciones que no usan el Euro como su moneda de intercambio oficial (Romania, Polonia, Suiza, Dependencias de la corona, etc.) son parte del área SEPA compuesta por 36 miembros.

SEPA, Single Euro Payment Area es un protocolo de créditos y débitos bancarios entre personas físicas o legales de rápida ejecución operando 100% bajo el estándar IBAN. Es moderno comparado con otros sistemas similares como el ACH o wires locales americanos, ciertamente anticuados y de un costo mucho mas alto de operar.

Por regulación del ECB (European Central Bank) los pagos SEPA ya sean créditos o débitos deben ser gratuitos y se considera ilegal cobrar por una transferencia SEPA.

Esto dicho, varias instituciones cobran un “fee” por la ejecución de transferencias SEPA bajo alguna descripción a modo de eufemismo.

Si bien SEPA es considerado relativamente moderno, SEPA ICT (Instant Credit Transfer) ya se encuentra desarrollado y en proceso de implementación. Bajo el nuevo standard, las transferencias SEPA son ejecutadas en tiempo real con el fin de incentivar la implementación y adopción de las tecnologías fintech desarrolladas por privados bajo el tutelaje del ECB.

Desde hace aproximadamente diez años, el ECB comenzó a liberalizar el mercado bancario a modo de desconcentrar el monopolio de la banca europea. De esta manera dieron comienzo a las entidades EMI (Electronic Money Institutions). Entidades quasi bancarias, las cuales pueden ofrecer IBANs personales de manera instantánea y emitir tarjetas de pago (en general no debito sino prepagas directamente ligadas a una cuenta personal).

Regulación

La flexibilización de la banca europea via fintech tiene sus rarezas, la mayoría de las nuevos “bank challengers” usaron frases del tipo “we are not a bank, we are better tan a bank” y similares. Muy cool a los ojos de un millenial rebelde sin embargo el wording es exacto. Una entidad EMI no es un banco, no está siquiera remotamente cerca de serlo. Estas entidades no operan con efectivo, ni en general ofrecen créditos, o inversiones o tasas de interés (mas allá de que la tasa de interés del ECB se encuentra en el área negativa hace años) porque la verdad es que una entidad EMI no está a autorizada a tomar depósitos en Euros.

Cuando decimos “Electronic Money Institution” en realidad debería leerse más como “token”, la gente que usa crypto entenderá de manera más fácil. Al momento del depósito, la entidad mueve nuestros Euros a una cuenta a su nombre en una entidad bancaria real en general en la jurisdicción en la cual está registrada y licenciada aunque esto no es necesario. Los depósitos, a diferencia de un banco, no se pueden ofrecer a modo de prestamos ni se pueden invertir y se deben mantener segregados. Como una especie de cuenta escrow. En el mismo momento, de manera instantánea intercambia 1 for 1 cada euro por un token dentro de su plataforma al que le podemos poner el símbolo y nombre de euro pero al mismo tiempo no lo es. Al momento de efectuar un pago fuera de la plataforma el ejecutor intercambia nuevamente nuestro token por 1 euro cash que se encuentra depositado en la cuenta escrow y lo envía via SEPA o SEPA card hacia un comercio o una persona física/juridica a modo de pago.

Esta pequeña diferencia hace que el statement “we are not a bank” tenga un significado mucho más verosímil en lo legal de lo aparentemente anunciado. Y por esta razón, suelen lidiar con clientes de mayor riesgo que un banco tradicional. A manera de un sandbox monetario.

El problema principal, más allá de la oferta de banca básica y el peligro de que la entidad desaparezca de la noche a la mañana sin dejar rastro. Los depósitos en las EMIs no están cubiertos por el seguiro de depósitos de ninguna jurisdicción ni por el ECB.

En un comienzo, hace unos años uno podía abrir una cuenta en algún país del báltico, recibir una tarjeta MasterCard en Euros y empezar a recibir pagos de manera instantánea luego de un onboarding básico de 5 minutos vía una App. Algunos proveedores inclusive ofrecen una dirección de Bitcoin a la cual, si uno envía BTC, es convertido automáticamente a depósitos en EUR a la cotización del momento del clearing de la transaccion. Suena too good to be true no?

Bueno MasterCard y Visa también pensaron eso. En el 2018 cancelaron todas las tarjetas de los EMIs en Europa y renegociaron las licencias de emisión. Muchos proveedores de servicios financieros nunca emitieron tarjetas nuevamente y se dedicaron solo a cuentas virtuales. Los proveedores que sobrevivieron y encontraron su nicho se vieron en una situación grow or die.

Pero como se puede crecer sin poder ofrecer más servicios bancarios, crypto estaba sufiendo un slump terrible… Ah si, licencias bancarias.

Y así llegamos al presente, donde “we are not a bank” es una falacia y si, ya somos un banco. Tenemos una licencia, aseguramos tus depósitos y podemos ofrecer más servicios bancarios. El passporting de servicios está en toda su gloria, a costo de muchos de nuestros beneficios. La consecuencia principal? Todos los usuarios de riesgo, eliminados. Non-residents? Fuera, Gambling? Fuera, Crypto trading? Fuera…

KYC más estricto(si se lo puede llamar asi), mayor escrutinio de transacciones, CRS, suspensiones de cuentas y otros detalles están a la orden del día.

En la situación actual, siguen existiendo EMIs que hacen menos preguntas al costo de algunos Euros por mes. Donde podemos enviar y recibir fondos de un crypto Exchange o de TransferWise (a contrariedad de BruBank*… EJEM…*) y operar pagos de manera normal. No es un arreglo definitivo pero es de bajo costo y puede servir de “buffer” entre negocios que pueden atraer cierto escrutinio a nuestras cuentas en banco tradicionales.

Obviamente esto es un arma de doble filo y afecta a todos los miembros de la cadena de la misma forma. En mi caso, tuve que hacer un “White listing” luego de un intercambio de emails con soporte, de cuentas en Lithuania en las Crypto Exchanges que uso porque no querían procesar mis depósitos y ponían todas mis transacciones on hold de manera indefinida. La explicación? “Too much fraud from those suppliers”.

Esto dicho, para las instituciones que no son crypto friendly, esto puede ser la salvación. Un depósito de otra cuenta a tu nombre es mejor que un depósito a nombre de Kraken Payward o Bitstamp Limited.

Las licencias bancarias son un gran desarrollo para el mundo fintech europeo, lamentablemente tiene un gran costo a nivel usuario. Hay muchos menos proveedores que ofrezcan servicio a no residentes.

Los riesgos de los EMIs son reales, muchos han desaparecido sin dejar rastro, otros como WorldCore se vieron enrollados en lavado de dinero Ruso y cancelación masiva de sus tarjetas por parte de Visa y MasterCard Europe a punto tal que se vieron obligados a cerrar. WorldCore sigue en venta hoy día. SataBank un banco digital basado en Malta de capitales Bulgaros entro en administración para nunca más reaparecer.

Otros tuvieron que reinventarse o separarse. PayMix se disolvió en dos compañías una para personas físicas y otra para personas legales. Ejemplos de este tipo existen por montones.

Instituciones de interés

Globitex – UK/Lithuania
https://globitex.com/euro-wallet
Licencia: Crypto UK/Wallet EMI Lithuania
Cuentas: Personal/Business
Tarjeta: No.
No residentes: Si.
Detalle: Globitex es un crypto broker el cual simplifica el intercambio de crypto por fiat via el uso de un servicio de wallet (EMI) el cual posee un IBAN personalal y unico a nombre del UBO de la cuenta.
El servicio tiene algunos costos sin embargo es una buena alternativa para ejecutar pagos via SEPA.
En este momento 14 dias de trading sin costo, imagino que las operaciones de la cuenta si tienen costo, sin embargo desde que empezaron a ofrecer el servicio, los cargos por operar se han reducido substancialmente.

MisterTango – Lithuania
https://www.mistertango.com/en/
Licencia: EMI
Cuentas: Personal/Business
Tarjeta: Temporalmente suspendidas.
No residentes: Si.
Detalle: Las cuentas funcionan, la mía personalmente desde hace más de 2 años. Existe integración a su propia exchange de crypto. Ofrecen servicios para traders de crypto y dirección de BTC con deposito a EUR instantáneo.
Hay que tener en cuenta que la oferta de servicios en el pasado era muy superior. Incluía dirección de BTC, transferencias SWIFT, transferencias SEPA, tarjeta MasterCard Euro, acceso al Exchange, top up de la cuenta via tarjetas de debito/crédito y opción de una API para facturar.
Hoy día está dividido en diferentes segmentos y el pricing varía según el paquete elegido, nacionalidad y residencia.

LeoPay – Bulgaria
https://leopay.eu/
Licencia: EMI
Cuentas: Personal/Business con preferencia a Estonian e-residents.
Tarjeta: Si, debito Visa, con condición de dos tarjetas por cuenta o una tarjeta por currency.
No residentes: Si.
Detalle: Originalmente llamado LeuPay registrado en Malta de capitales Bulgaros. Usaban de backend SataBank, así que si leyeron lo anterior entenderán el cambio de nombre de la entidad.
Cuentas multicurrency en EUR, USD, GBP, CHF, RON, HRK, JPY, BGN, PLN, CZK.

Paysera – Lituania
https://www.paysera.lt/v2/lt-LT/index
Licencia: EMI
Cuentas: Personal/Business. Es posible obtener más de una cuenta por cliente.
Tarjeta: Si, debito Visa.
No residentes: Si.

PayMix Pro – Malta
https://www.paymix.pro/
Licencia: Institución financiera Maltesa
Cuentas: Business
Tarjeta: Debito
No residentes: Si.

Prospero – Malta
https://www.yourprospero.com/
Licencia: Institución financiera Maltesa
Cuentas: Personal
Tarjeta: Debito
No residentes: Si.

Deutsche Handelsbank – Alemania
https://www.handelsbank.com/en/bc/home-business-customers.html
Licencia: Bancaria propia.
Cuentas: Business. Es posible obtener más de una cuenta por cliente.
Tarjeta: No.
No residentes: Si.
Detalle: Es un pequeño banco alemán que se especializan en cuentas únicamente para personas legales con licencia y backend bancario propio.

N26 – Alemania
Licencia: Bancaria propia.
Cuentas: Personal/Business
Tarjetas: Debito/Crédito
No residentes: No*.
Detalle: No aceptan no-residentes en el Area economía europea, sin embargo si aceptan pasaporte Argentino y cualquier numero de móvil. El requerimiento es una dirección de correo en el Área Económica para recibir la tarjeta. (Chripre no es una opción para la dirección).

Revolut – Lithuania/UK
https://www.revolut.com/
Licencia: Bancaria propia (UK)
Cuentas: Personal/Business.
Tarjeta: Si, variedad dependiendo del tier.
No residentes: No*
Detalle: Revolut evoluciono desde una licencia de EMI a una entidad con licencia bancaria. Siempre en las noticias por las razones equivocadas, han quedado atrás los días en los que la banca Lituana los decepcionaba. Lamentablemente los reportes de cuentas congeladas persisten y rehabilitarlas puede tardarse meses.
Revoluto ofrece tarjetas con conversión de divisas usando el mid-market rate y sin FX conversion fee. Ofrecen crypto trade (CFDs) y muy recientemente una plataforma de inversiones. Si han leído mi post titulado Banca internacional #02 – United Kingdom, where it all began y repararon en el detalle de que la licencia bancaria es de Reino Unido, si, están en lo correcto. Esta entidad no puede técnicamente aceptar no-residentes si tiene una licencia bancaria ringfenced. Sin embargo, tal como es el caso con varias de alternativas, una dirección de correo dentro de Reino Unido o Europa suele bastarle a los clientes para hacerse de una cuenta.
UPDATE: Recientemente Revolut agrego un setting muy interesante, la cual permite, una vez registrados como clientes cambiar la residencia fiscal. No hay muchos datos con respecto a qué efectos tiene sobre la cuenta más allá de una suspensión quasi instantánea. Sin embargo! Según la jurisdicción de residencia fiscal seleccionada, también nos puede dar como opción “Email us to [[email protected]](mailto:[email protected]) and let’s see what we can do.”

TransferWise
https://transferwise.com/
Licencia: Money transfer (UK), EMI (Lithiania)
Cuentas: Personal/Business y Borderless, 4 currencies GBP, EUR, NZD, AUD y condicionalmente USD.
Tarjeta: Si, MasterCard para residentes del Area Economica Europea.
No residentes: Si.
Detalle: Conocido por casi todos hoy día, la aplicación de cabecera para remittances elegida por todos los millenials. No es la mejor sin embargo es la que tiene mejor publicidad y estrategia.
Se sabe que hay clientes quienes han usado datos postales europeos para registrarse y han logrado recibir la tarjeta en condición de no residentes.

Disponibles fuera de sus países de registro en breve

Insha – Alemania con backing de Al Baraka (Turquía)
https://www.getinsha.com/
Detalle: Primer banca islámica digital en Europa. Que esto no los detenga en ver el servicio que ofrecen. Dado los servicios que ofrecen (y la carencia de interés computado en depósitos) es una plataforma idea para banca Islámica.

ToMoRRoW - Alemania
https://www.tomorrow.one/en-de/
Detalle: Banca alemana sustentable.

Kontist – Alemania
https://kontist.com/
Detalle: Banca digital para pequeños negocios o freelancers con implementación de contabilidad y taxación.

Tarjetas

Algunos EMIs solo ofrecen tarjetas. En general son productos sub-prime y consecuentemente los fees son usureros. No voy a entrar en detalle sobre el ofrecimiento de servicios de estos proveedores, pero les dejo algunos por una cuestión de mera curiosidad y cobertura de alternativas.


Nota final
Existen muchos servicios más de tipo pseudo bancario en Europa. Podría publicar un post infinito con 500 URLs y links a cada uno de ellos. Muchos con respaldo de Bancos centenarios y prácticamente todos con requerimiento de residencia en la Unión Europea. Si desean mas información, puedo hacer un post apartado. Pero más allá del landing page, no van a poder utilizar ningún servicio.
Es más fácil abrir una cuenta en un banco normal para no residentes en Europa de manera personal que intentar circunventar la legislación y regulación pertinente a los bancos o EMIs digitales reservados para Europeos.

Donations.
Token Wallet address BTC 19xvUdQoZosrzYKNaTCK834zRkg5Bogop BCH qqqmyqjspnq0fazk9wvv0elc8vxdp2rkvgfqs3s87x LTC LKNvBgwEtE3w7oEUYiSVb96qCe7xFDBvp8 ETH/DAI 0x1cbbcf2ca8849893ad7feac5ef5c735f6d91fa4e XMR 44AXEt8ZkmjgGuUrPaoNTzBGhp92L3HozSYxAip7dz8qL6A3neJBriLRSjC8Qnam4tEhfw2yXzcXsbZ2dJiWHDC7Ji8nBvx 
submitted by diyexageh to LATAM_PersonalFinance [link] [comments]

Why is the Ripple cryptocurrency named XRP?

Why is the Ripple cryptocurrency named XRP? submitted by olagon to Ripple [link] [comments]

Bitcoin.com is now including a Bitcoin Cash Price Ticker in their main menu across the entire site!

Bitcoin.com is now including a Bitcoin Cash Price Ticker in their main menu across the entire site! submitted by MemoryDealers to btc [link] [comments]

[TRENDING] /r/btc - Bitcoin - The Internet of Money (+725 subscribers today; 174% trend score) • r/TrendingReddits

submitted by BobsBurgers3Bitcoin to btc [link] [comments]

New Ticker proposal: XBTC

We have BCH and BCC and we believe it is the true bitcoin. But Bitcoin is BTC... I believe staying closer to the original ticker will help adoption and acceptance, eventually also by the ''Bcash'' haters and other uninformed...
Also for new users XBTC will sound more comfortable as the Bitcoin then either BCH or BCC..
Its just a thought but XBTC looks cool, sounds cool and helps converting public opinion to the true Satoshi Bitcoin easier in my opinion..
If you like the idea of XBTC, please help get this some traction and perhaps this Ticker can become established by popular request and help facilitate the rise and acceptance of Bitcoin once again
-XBTC-
submitted by AnthonyBanks to btc [link] [comments]

ISO 4217 for DOGE?

There are efforts to obtain ISO code for Bitcoin Should we do the same for DOGE?
"ISO 4217 is a standard published by the ISO, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three separate tables.
Now, a distributed currency having an identifiable code in a centralized database may not seem like much of an accomplishment.
However, when we consider what this means for integration into existing networks, trading systems, and software accounting systems, it becomes much more significant. All the more so when we consider that a code prefix of 'X' denotes a non-national affiliation or a monetary metal such as gold or silver."
submitted by pawel7777 to dogecoin [link] [comments]

Guys! Safe to say LTC will eventually be on coinbase, look at the exchange documentation!!!

Guys! Safe to say LTC will eventually be on coinbase, look at the exchange documentation!!! submitted by titan_lelantus to litecoin [link] [comments]

Get used to seeing 1 USD = 3000 XBT listed on foreign exchanges soon.

That is if the bitcoin foundation pulls through its proposal to have the ISO 4217 standards adopt XBT for bitcoin code, but assigns it to the main (base) unit of bitcoin which equals 100 Satoshis. I am beginning to feel good about this. What about you?
submitted by jdkbbc to Bitcoin [link] [comments]

Concerning BIT

Concerning https://reddit.com/btc/comments/8k5ne0/proposal_makes_bits_1_millionth_bch_the_standard/
This proposal gained 100 upvotes and 4 "reddit gold" in less than six hours. Are people actually seriously thinking this is a good idea or is this BTC's latest plan to destroying BCH or what?
I'm just about to go to bed so I can't monitor this thread but I personally can't believe what a terrible idea this is. Shouldn't check reddit right before bed, normally I'd just deal with it when I wake up but I can't ignore this one.
Since I don't have time to formulate this better I'll just repeat my two commets from that thread:
BCH is the ticker and bit is just slang for 100 satoshis. Calling it BIT and bits is just more confusing. I don't like this. Also don't put voting on twitter, some of us don't have twitter accounts.
Stepping away from having B for Bitcoin in the ticker is a bad, bad, BAD move.
Remember that Bitcoin Cash is Bitcoin.
Please don't forget that there's a chance we will get XBC in the ISO standard as well, if you have to call it something else just call it XBC. Changing it to BIT now is so bad, it's so bad that I kind of wonder if you really want what's best for Bitcoin Cash with this suggestion.
https://en.wikipedia.org/wiki/ISO_4217#Cryptocurrencies
as well as
It's also a bad idea calling 1000000 bits 1 BIT as well as also calling 100 satoshis 1 bit. This would be mega confusing to anyone.
In speech: "yo mike, send me 2 bits" <-- Does he want 2 bits from Mike or 2 million bits?
In text: "yo mike, send me 2 bits" <-- Does he want 2 bits from Mike or 2 million bits? Was he just lazy and typed in lower case?
The fact that some people were so quick to jump on board with the idea of moving away from a ticker that has Bitcoin in it makes me worried. What's next, the logo doesn't fit in with the ticker BIT so maybe we should get rid of that tilting B, hm?
Bitcoin Cash is Bitcoin and I keep repeating again and again that it's not a good idea at all to differentiate from that fact too much. I don't even want the green color in the logo except for memes.
Today we have two ideas about how Bitcoin should proceed into the future:
Bitcoin (BTC) = Off-chain scaling, removal of signatures from the blockchain (SegWit) and reversible transactions.
Bitcoin (BCH) = On-chain scaling, the inclusion of both input and output script in the blockchain (just like how it's always been) and instant 0-conf transactions.
When one of these ideas have won and the other fork is dead and gone I want us to be able to just drop Cash from the name if we want to. BIT just makes people think it means "bit", not "Bitcoin Instant Transaction" or whatever. BCH makes people think the B stands for Bitcoin. Even if BIT made people think it meant something with Bitcoin it's still a bad idea since its confusing, a bit shouldn't mean both 100 million satoshis as well as be the slang for 100 satoshis.
TL;DR please don't be too quick to jump on this idea and please remember that Bitcoin Cash is Bitcoin
submitted by LaudedSwanSong to btc [link] [comments]

Bitcoin vs. Bits: Bitcoin Foundation Financial Standards Working Group detailed plans - please discuss

This is from the Financial Standard's Working Group:
Draft Plan 'A' - "bits"
This is one of three draft plans for the recommendations of the Financial Standards Working Group of the Bitcoin Foundation.The five principal standardization tasks are
As these plans are for interchange of data between systems and people, it says nothing about display options for wallets, websites, etc, where a person is communicating with themself. Therefore the distinct aspects of the proposal are for the same unit.
The Bitcoin Foundation shall fund a design bounty for a community competition to design a glyph for the unit. The Bitcoin Foundation shall fund two professionals: one to prepare and advocate for a proposal for an ISO 4217 code, and one to prepare and advocate a proposal for a Unicode codepoint for the winning glyph.
Examples: A pack of gum (around USD 1.00): XBI 2,860 Lunch in Tokyo (around USD 10.00): XBI 28,570 A feature phone (around USD 100.00): XBI 285,710 A decent laptop (around USD 1,000): XBI 2,857,100 A decent used car (around USD 10,000): XBI 28,571,000
This proposal represents a unit that is fairly new to the ecosystem, but which has increasing adoption among users to the extent that the majority of users self-report preferring it to option A.
Advantages: Existing usage and increasing adoption. Small-valued units make the currency seem more accessible to new users.
Disadvantages: Such a small-valued unit may cause Bitcoin to be perceived as a joke currency. The principal unit is too small to be accepted by the network; values below 54.30 millis are considered "dust".
Draft Plan 'B' - "bitcoins"
This is one of three draft plans for the recommendations of the Financial Standards Working Group of the Bitcoin Foundation. The five principal standardization tasks are
As these plans are for interchange of data between systems and people, it says nothing about display options for wallets, websites, etc, where a person is communicating with themself. Therefore the distinct aspects of the proposal are for the same unit.
The Bitcoin Foundation shall fund two professionals: one to prepare and advocate for a proposal for an ISO 4217 code, and one to prepare and advocate a proposal for a Unicode codepoint.
This proposal suggests a unit that has the most history in the ecosystem of the alternatives, but that has fallen out of favor for the majority of participants because the value is inconvenient for most everyday uses. Examples: A pack of gum (around USD 1.00): XBT 0.00286 Lunch in Tokyo (around USD 10.00): XBT 0.02857 A feature phone (around USD 100.00): XBT 0.28571 A decent laptop (around USD 1,000): XBT 2.8571 A decent used car (around USD 10,000): XBT 28.571
Advantages: This unit has the most "history" in the ecosystem. The ISO 4217 code has started to get some use (though less than BTC and not for interchange as an ISO code). This existing use may make the difference between success and failure in acceptance of an ISO 4217 application for a currency code.
Disadvantages: This is an inconvenient unit for day-to-day transactions If users attempt to select a more convenient unit for their wallet application, they will have to convert when they receive an invoice, check, etc. There is an increasing movement in the ecosystem away from this unit, to the extent that most users self-report that they prefer a different unit. Most accounting software is not prepared to handle 8 digits after the decimal.
Draft Plan 'C2'
This is an alternative form for one of three draft plans for the recommendations of the Financial Standards Working Group of the Bitcoin Foundation.
The five principal standardization tasks are
As these plans are for interchange of data between systems and people, it says nothing about display options for wallets, websites, etc, where a person is communicating with themself. Therefore the distinct aspects of the proposal are for the same unit.
The Bitcoin Foundation shall fund a design bounty for a community competition to design a glyph for the unit.
The Bitcoin Foundation shall fund two professionals: one to prepare and advocate for a proposal for an ISO 4217 code, and one to prepare and advocate a proposal for a Unicode codepoint for the winning glyph.
Examples:
A pack of gum (around USD 1.00): XMB 2.86 Lunch in Tokyo (around USD 10.00): XMB 28.57 A feature phone (around USD 100.00): XMB 285.71 A decent laptop (around USD 1,000): XMB 2857.10 A decent used car (around USD 10,000): XMB 28571
This proposal deserves a bit of an explanation. The other two proposals have disadvantages in that they go too far in one direction (too large valued units, necessitating small decimals that are hard to read) or the other direction (too small valued units, necessitating large integer number of units for moderate-sized purchases). This proposal attempts to strike a balance, noting that many bitcoin websites and tools offer this transaction unit (and unit name) as an option that is already widely used.
A variation on this theme would use the existing Unicode codepoint U+20A5 ₥, MILL SIGN, which appears in the currency block. In that case we would call the unit "mill".
Advantages: This unit is already widely used in the ecosystem. This is a convenient unit for a wide range of transaction values. This choice of unit and name leave room for expansion in both directions.
Disadvantages: We do not yet have a design for the required glyph. Most accounting software is not prepared to handle 5 digits after the decimal. On the other hand only two are significant for accounting purposes.
submitted by BitsofBitcoins to Bitcoin [link] [comments]

Bitcoin Live Btc Price Liquidation Watch: July 9 2020 Live Bitcoin Chart Liquidation Watch: August 10 2020 - YouTube Live Bitcoin Chart Liquidation Watch: August 9 2020 - YouTube Bitcoin Liquidation Watch: July 30 2020 - YouTube Bitcoin Live Btc Price Liquidation Watch: July 14 2020

SIX Interbank Clearing Ltd (SIX) is the official record keeper for the ISO 4217 list of three-letter currency symbols. SIX has declined previous requests to assign a symbol for Bitcoin, providing shallow arguments about how Bitcoin is not associated with any institution or government. Below, we list ISO 4217 codes for currencies in circulation, plus some (marked with an asterisk) that are not officially recognized by the ISO. This list excludes obsolete and old Euro-zone currencies. Currency codes are composed of a country's two-character Internet country code plus a third character denoting the currency unit. For example, the Canadian Dollar code (CAD) is made up of Canada ... The ISO 4217 currency code for Bitcoin is XBT. However, at the moment it is an unofficial code according to the ISO 4217 standard. The unit name BTC is also commonly used to represent one bitcoin, but it violates ISO 4217 because it begins with "BT", the country code of Bhutan. Bhutan does not actually use the code BTC for any currency, and XBT has not yet defined which unit it represents ... ISO 4217 is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes (alpha and numeric), and references to minor units in three tables: . Table A.1 – Current currency & funds code list Table A.2 – Current funds codes Table A.3 – List of codes for historic denominations of currencies & funds using ISO Codes. ISO allows free-of-charge use of its country, currency and language codes from ISO 3166, ISO 4217 and ISO 639, respectively. Users of ISO country codes have the option to subscribe to a paid service that automatically provides updates and supplies the data in formats * that are ready-to-use for a wide range of applications. For more information, visit the ISO Store.

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Bitcoin Live Btc Price Liquidation Watch: July 9 2020

ISO 4217 codes: BTC, XBT Bitcoin is a cryptocurrency created in 2009. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. ISO 4217 codes: BTC, XBT Bitcoin is a cryptocurrency created in 2009. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Bitcoin Live Btc Price Chart Liquidation Watch Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital curr... Bitcoin Live Btc Price Liquidation Watch 24/7 Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single ... Bitcoin Live Btc Price Liquidation Watch 24/7 Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital currency ...

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