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[AudraMiller]

One of the things that many people tend to look for now, is the merchants that accept crypto in order to increase the usability of their coins that they are earning through various means such as faucets and trading. One of the companies that acted as a retail merchant that accept cryptocurrencies in the Australian country, was Qoin. This company however was asked to meet a summons, which was ignored at the end of January, and this has lead to the company now facing legal and disciplinary action.

 

[Josemendez]

Indeed cryptocurrency companies should endeavor to be careful with their actions these days ,because the government and legal bodies are out for them

 

[AudraMiller]

Indeed cryptocurrency companies should endeavor to be careful with their actions these days ,because the government and legal bodies are out for them

I don't think that they are specifically out for them or targeting them in any way rather that they are trying to regulated and control its use so that it can be integrated into financial systems in the future.

 

[Niftyicon]

Why would the company refuse to face the summons? That is just simply courting trouble. It is important to follow the laid down regulations of a place to ensure smooth running of a business there.

 

[SCAMEXPOSER]

Companies trading cryptocurrency should note that there is sector is just coming up so lots of interrogation and summons won't be far from them , they should have honored the summon.

 

[a_jerobon]

I think they should have just honoured the summon and avoid all this stress they have now. With governments trying to regulate the cryptocurrencies, these marchants dealing with them should be on the lookout to such things happening.

 

[Brain]

Indeed cryptocurrency companies should endeavor to be careful with their actions these days ,because the government and legal bodies are out for them

Yeah it seems the government is out for any policies or action taken by anyone in the crypto world. There should be a kind of restrictions with whatever happens from now

 

[Josemendez]

Yeah it seems the government is out for any policies or action taken by anyone in the crypto world. There should be a kind of restrictions with whatever happens from now

All things being equal , the companies should aim at finding a suitable ground for them and the government ,so that their operation won't be disturbed by any factor

 

[Brain]

All things being equal , the companies should aim at finding a suitable ground for them and the government ,so that their operation won't be disturbed by any factor

That's how it should be. Everything should be done to bring equilibrium but it seems the government wants more which might see more resistance from the cryto world

 

[a_jerobon]

They should be responding responsibly to the government , because those merchant are the ones to give the government encouragement to invest in crypto currency

Yeah, right. This behaviour of not honoring the summon just raises government suspicion. Yet they are the ones who should be convincing them of the importance of digital currencies.

 

[Josemendez]

That's how it should be. Everything should be done to bring equilibrium but it seems the government wants more which might see more resistance from the cryto world

Not just being greedy , they want to have total control of something they didn't start ,and this won't be possible because cryptocurrency companies won't yield in to that

 

[Wisdom01]

They should have known that the summon was part of the regulation and if they don't listen they would be charged fine, i just hope they aren't charged much

 

[Josemendez]

They should have known that the summon was part of the regulation and if they don't listen they would be charged fine, i just hope they aren't charged much

I think part of the delay towards summons is the fact that these companies are not ready for regulations ,also they are scared of being banned immediately

 

[Wisdom01]

I think part of the delay towards summons is the fact that these companies are not ready for regulations ,also they are scared of being banned immediately

Yeah they might be hiding some things or have hidden faults , because i know that the government summon them to check their activities

 

[achawaskey]

I hope the company has not gone contrary to the law, if not prosecution is what is awaiting them. I suggest they should sick the advice of a lawyer before answering the summon.

 

[Brain]

Not just being greedy , they want to have total control of something they didn't start ,and this won't be possible because cryptocurrency companies won't yield in to that

You are right they are just greedy and what to be in control of everything that will bring them huge amount of money. But I'm hoping that the cryto world fights this

 

[Josemendez]

You are right they are just greedy and what to be in control of everything that will bring them huge amount of money. But I'm hoping that the cryto world fights this

They are actually getting tired ,because they have seen that they can't be able to win the cryptocurrency world, because the numbers of supporter are growing on daily basis

 

[Brain]

They are actually getting tired ,because they have seen that they can't be able to win the cryptocurrency world, because the numbers of supporter are growing on daily basis

Good to read this I hope it continues to remain this way. Let the government and other authorities get their hands off the cryto world. Let have it free here

 

[highspeed]

So, if I understand correctly, Qoin has been was called in court to judgment because it declined a group meeting, to agree to deal with cryptocurrencies. Am I right?
Thank you.

 

[Josemendez]

Good to read this I hope it continues to remain this way. Let the government and other authorities get their hands off the cryto world. Let have it free here

Actually , the fact is that we can't have it for free less it will affect the country ,because people will use it to invade tax , and the government will not generate much Revenue from tax