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The EU is considering banning non-custodial wallets, sparking concerns about potential global implications. In the US, there are fears of a similar move leading to capital flight. Critics argue against such bans, citing historical examples and the need for financial system control.
The european union is becoming a prison https://t.co/s9YshFzuq5
KYC and AML don’t work. Fiat currency through the banking system is used for illicit purposes far more than crypto. This is about maintaining control over the financial system. They use fear to justify restricting rights. https://t.co/R9Ts1wK7iP
So Europe has made self custody wallets illegal? Tldr on more details anyone?