May 1, 2019

Prize Pool worth $150,000USD of ETH for grabs

We all wish money will simply fall from the sky and make us rich in a day, but the world out there often speaks a different truth…or does it? With the Mars Wallet Giveaway activity, that dream has just been turned into reality. In three simple steps, users can complete the registration process and be eligible for the Telegram rewards with $150,000 USD worth of ETH for grabs.

Brace yourself for the wave of incoming riches because this is just the beginning.

To participate in the upcoming Giveaway activity by Mars Wallet, all users have to do is to follow the instructions below:

**Instructions for the Mars Wallet Giveaway**

Event Period:

1st May 2019 00:00 GMT + 8 to 14th May 2019 23:59 GMT + 8

For a limited time only! Follow the steps below:

✅1. Download our MarsWallet and get your Marswallet ETH address

https://www.marswallet.io

✅2. Fill in <Mars Prize Pool form> , submit your Marswallet ETH address

https://forms.gle/yCf9hVZxY38gDjVaA

✅3. Join our MarsWallet Telegram group, to get more updates.

http://tiny.cc/marstelegram

‼️**Please make sure that you complete items 1–3; otherwise you will not get Giveaway.

Note: Users are to ensure that they complete all three steps or their eligibility for the Giveaway ETH activity will be void.

**The Mars Wallet Giveaway activity is subjected to the following terms and conditions:

Terms and Conditions

a. To be eligible for the Mars Wallet Giveaway activity, users have to follow Mars Wallet’s Telegram channel and complete all the tasks mentioned above by 14th May 2019!

b. The total value allocated for this activity amount will be $150,000 USD worth of ETH.

About Mars Wallet

Mars Wallet is a digital asset management platform App, with cryptographic currency security assistant, a 24Hour online customer service system, for your digital assets portfolio management.

Mars Wallet is a secure, professional multi-chain digital asset wallet. It plays an important node in the ecosystem of the Mars Blockchain Group, supporting BTC、ETH、EOS and many other digital assets. Upholding the concept of safety first, customer first, Mars Wallet is designed to provide users with safe and one-stop digital asset services, storage, trading, asset management which is highly secure, efficient and convenient.

For more information on Mars Wallet, keep up with its following social media:

Medium: https://medium.com/@support_34903

Telegram: https://t.me/marswallet

Reddit: https://www.reddit.com/user/1-SG/

Twitter: https://twitter.com/1SG_2018

Instagram: https://www.instagram.com/marswallet_1sg/

Published at Wed, 01 May 2019 05:14:47 +0000

AML Rules Target $10k+ Crypto Holdings

S. 1241, a new bill sponsored by Senator Chuck Grassley, proposes adding the terms ‘digital currency’ and ‘prepaid access devices’ to existing list of financial items subject so such AML procedures.

It would also include reference to “any digital exchanger or tumbler of digital currency.”

Ostensibly designed to prevent trafficking of funds over $10,000 in value, the resulting powers given to border authorities could be nonetheless considerably more sweeping than at present.

While it is unclear how those arriving in the US would be screened for digital currency holdings, the Bill makes provision for a report to be commissioned ironing out the finer points.

The text states:

Not later than 18 months after the date of enactment of this Act, the Secretary of Homeland Security, in consultation with the Commissioner of U.S. Customs and Border Protection, shall submit to Congress a report—

(1) detailing a strategy to interdict and detect prepaid access devices, digital currencies, or other similar instruments, at border crossings and other ports of entry for the United States; and

(2) that includes an assessment of infrastructure needed to carry out the strategy detailed in paragraph […]

Coin Center ‘Reaching Out’ For Debate

The bitcoin community is already reacting with caution to the legislation as it stands, with multiple questions being raised as to how lawmakers could enforce it in practice.

“We’re reaching out to the relevant offices,” Coin Center CEO Jerry Brito said in a Twitter response.

We’re reaching out to the relevant offices. Not a whole lot is getting through Congress these days, tho.

— Jerry Brito (@jerrybrito) June 9, 2017

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EU Focuses On Dark Web, ID Linking

The move is reminiscent of similar plans across the pond in the European Union regarding declaration of digital currency funds, this time at the point of spend.

While border controls are not currently on the table, legislators are keen to enforce similar AML controls on anyone holding any form of virtual funds.

Formally revealed in March, users could soon face obligatory linking of their personal identity to their wallet.

More recently, a joint “consortium” by the European Commission, INTERPOL and others will research ways in which illicit use of the dark web can be curbed. Participants promise that:

“The consortium will analyze legal and ethical requirements and define guidelines for storing and processing data, information, and knowledge involved in criminal investigations without compromising citizen privacy,” participants promise.

What do you think about the Bill being considered by Congress? Let us know in the comments below!

Images courtesy of Wikimedia, Shutterstock

The post AML: US Rules Would Force Declaration Of Crypto At Borders appeared first on Bitcoinist.com.

Prize Pool worth $150,000USD of ETH for grabs

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