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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
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.
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 🧠