The European Banking Authority (EBA) has officially clarified a massive question for European fintech and Bitcoin infrastructure regarding the Transfer of Funds Regulation (TFR) and MiCAR guidelines.
...
the P2P carve-out is significant. custodial LN wallets like Wallet of Satoshi now have real compliance overhead in the EU, while Phoenix or self-hosted nodes stay outside TFR scope. good reason to run your own keys.
❤️2