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A comment on Coinbase suspending USDC:USD conversions over the weekend. Parent comment

Re:Coinbase suspending USDC:USD conversions over the weekend by vasco on Saturday March 11, 2023 @03:56AM (#35106676)
So you are saying that there are countries where USDC is legal while opening a foreign brokerage account like IBKR and converting your currency to USD is illegal? And this is not just a perceived loophole? Could you give an example of a country like this so I could google?
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Re:Coinbase suspending USDC:USD conversions over the weekend by Ekaros on Saturday March 11, 2023 @06:16AM (#35107317)
Important question is that what would happen if someone started asking pointed questions? About why do you transact in this and doesn't it go against laws. Would the stance actually hold...
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Re:Coinbase suspending USDC:USD conversions over the weekend by Gare on Saturday March 11, 2023 @08:19AM (#35108055)
Yeah, how is this different than black market trading (which happened a lot in ex-communist countries including mine, but the currency traded was usually German mark).
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