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Is the EU killing crypto with AMLR law? Here's everything you need to know. 🧵 ↓
great thread pushing back on FUD re the EU "banning wallets" what I don't see surviving though are models like https://t.co/NcBD6QDESg...accepting millions of dollars of anon fees into a dev wallet...but it's not surprising that will end up being illegal pretty much everywhere https://t.co/751UbhHJHu
institutions entering regulation set to increase exponentially EU making self-custody illegal (lol) privacy about to be the next big narrative in crypto be ready for that 🧠
The EU has clarified that it is not banning non-KYC self-custody wallets and P2P payments. The new laws target anonymity, not Bitcoin itself. The regulation aims to prevent money laundering by imposing stricter verification for fund transfers.