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OneCoin Bank Transfer

OneCoin Bank Transfer
OneCoin Bank Transfer

ACCOUNT TO ACCOUNT TRANSFER

Friends account transfer is under one coin ecosystem, so you can transfer as many coins as you want. There is no account limit for transfer but if you are planning to convert your coins into fiat then you have to face limit. If you want to buy a house with payment, then you can transfer the entire amount of coins to the merchant’s wallet or merchant’s account.

ACCOUNT TO BANK TRANSFER

If you want to change your One Coin into fiat then there is a limit. The limit of One Coin Exchange is fixed with the effect of the IT team's legal team compliance team and licenses teams.
Every day new progress is visible in this context & soon we get a confirm news from the company.

New Law Effects Germany Crypto Heaven

The German Parliament last week passed a bill allowing banks to sell and store cryptocurrencies from next year. The new legislation will come into force on 1 January 2020 and will require current custody providers and crypto exchanges operating in the country to take steps, before the end of the year, to apply for a German license.

The law will not only put Germany, the world’s fourth-biggest economy, at the forefront of regulation in cryptocurrencies but heralds a milestone in the adoption of cryptocurrencies.

" Germany leads the way in crypto regulation, for sure. This leads to institutional investors coming to Germany, as they want security and regulation," Sven Hildebrandt, partner at Germany crypto consultancy DLC, told Decrypt. "Germany is well on its way to becoming a crypto-heaven."

The bill was passed by the Bundestag, the lower house of the German Parliament, earlier this month, and approved by the upper house, the Bundesrat.

It amends a clause in the European Union’s Fourth Anti-Money Laundering Directive that currently prohibits banks from dealing directly in cryptocurrency. It allows them to legally sell and store cryptocurrencies, just as they do stocks and bonds, to retail as well as institutional investors.

At the same time, exchanges such as Binance and Kraken, and other digital asset custodians, will need to obtain a license from the German regulator, Bafin, if they wish to continue operating in Germany, said Hildebrandt.

In order to apply for this, companies will need a German legal entity with two directors operating in the country by the end of 2019. They also need to signal their intention to apply to Bafin for a license before 31 March 2020 and submit the application prior to 31 November 2020.

Digital asset custodians who have not established a legal identity in Germany before the end of the year will be deemed illegal by 2 January 2020, said Hildebrandt.

OneCoin Latest News massive Announce For CoinSafe Future

In relevance, the 9-month company strategy we've got recently upon you regarding, the OneLife Team has ready a helpful and straightforward manual on CoinSafe functionalities. it's vital that every one ONE users are well up on regarding what's nevertheless to come back.

Please bear in mind that a pair of months when the Exchange becomes operational the CoinSafe perform won't be offered for brand new users to any extent further. CoinSafe was an associate possibility that was provided by the corporate to its users many years past.

But currently the days are dynamic for the higher and also the company strategy must adapt also. Thus, it's time for CoinSafe to slowly quit the business and retire so as to not risk officious with the coin deficit strategy.
Please bear in mind that when the Exchange is up and running, you may have 2 months to use the CoinSafe feature.

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