{"id":2755,"date":"2020-11-20T04:51:24","date_gmt":"2020-11-20T04:51:24","guid":{"rendered":"https:\/\/afluxcoin.com\/51\/regulated-banks-vs-bitcoin-and-crypto\/"},"modified":"2020-11-20T04:51:24","modified_gmt":"2020-11-20T04:51:24","slug":"regulated-banks-vs-bitcoin-and-crypto","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/51\/regulated-banks-vs-bitcoin-and-crypto\/","title":{"rendered":"Regulated Banks VS Bitcoin and Crypto"},"content":{"rendered":"

Bitcoin was born with the principle of eliminating the need to trust third party payment systems, banks, and brokerage houses. Today, financial intermediaries\u2019 role is to provide trust has emerged from the necessity of the direct connection between the two parties, thanks to Bitcoin\u2019s underlying technology.One of the easiest ways to buy Bitcoins is through crypto trading platforms. Today, almost all platforms comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) principles. In line with these principles, users have to declare their identity information while registering for crypto trading platforms. Some platforms allow users to make Bitcoin transactions by not exceeding certain limits without revealing their identity information to their users.The security of bitcoin working with blockchain technology has been among the most questioned and speculated issues since the birth of cryptocurrencies. In the first years of its emergence, Bitcoin, which was frequently introduced for use in terrorist financing, money laundering, and illegal payments due to its semi-anonymity, often made headlines with hacking incidents fear at that time. However, today it is possible to say that it appeals to a vast audience and can be used as an investment tool.The Bitcoin network has a high level of security. Blockchain technology allows transactions to be carried out within a high-security framework thanks to its distributed and cryptography infrastructure. No hack or theft has ever happened directly over the Bitcoin network. Infrastructure problems of low-security platforms, traps are known as Ponzi Schema; security weaknesses caused by people or intermediaries through fishing and similar means can cause such events to occur.The UK Treasury said that bitcoin is preferred for cybercrime, not money laundering. In the monetary policies report prepared by the United Kingdom Undersecretariat of Treasury, statements were made about cryptocurrencies, especially bitcoin. Using a quote from the National Crime Agency report,\u2026<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin was born with the principle of eliminating the need to trust third party payment systems, banks, and brokerage houses. Today, financial intermediaries\u2019 role is to [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2755"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2755"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}