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RE: Red flash sales in this bearish market / picking the winners / American investing in EOS
It was something I noticed when trying to buy EOS.. The limitation is both for americans and chinese. I don't understand why.
Back to the topic, how would they know you are american? Do you need to verify data to register the tokens?
Im not sure the level of KYC that will be required. I am hoping this is what BeyondBitcoin clarifies tonight. I have got a lot of people to buy EOS. I need to show them how to register their tokens, or tell them they need to sell them. I just don't want to VPN and register an address to put my coins in just to find out my coins are stuck because they need ID or something. I have a pretty large investment in EOS currently and I don't want to risk locking it up just to have it become unusable.
Its for the US and Chinese because they have harsh laws and regulations and its more safe for them to just not allow investors from those countries then to try to jump through all the required hoops.