OMG 😱💀

All just so their upcoming CBDC is able to compete at all. Without this, many of the younger Europeans would just laugh them out of the room, given the abysmal performance of their shitcoin.

EU sucks balls 🇪🇺

Technically, the EU does not legislate. They pass directives that each state legislature must "transpose". EU regs set minimum mandated -- meaning more often than not, state laws are even worse and more oppressive. On occasion, an individual state may disagree and find ways to skirt or creatively "i...

https://image.nostr.build/096e5bb83ca0decbf56812334eb5d90d0693a8e15dc64c79ed24e23c2eba8c3d.jpg

Lol. Canada is much worse.

Use Bisq. Never use centralized exchanges. Simple as.

Don't most exchanges worldwide do this anyway? Having a law is probably better as it creates more awareness

So, no different than US exchanges? What am I missing?

Wow, this is crazy.

Every exchange that requires KYC does this already and has done so for years.

Wonder how this will be compatible with lightning withdrawals 🤔🤭

This is coming worldwide, and it's called the travel rule, originally created by the financial action task force in 2018 when they revised Recommendation 15. Legislation has passed IN ALL COUNTRIES with various degrees of implementation. Search for "Travel rule [enter country name here]" to see ...

the war has only just begun, Bitcoiners and esp holders in cold storage have no idea of the aggressive attacks coming...

Slowly dawning on me how a particular civilization might slip back into “dark ages.”

Inch by inch

Happy being in Switzerland 😜