โก๏ธ๐ซ๐ท ALERT - It's official. In France, mixers and privacy coins are now considered by default as an indicator of suspicious activity. The law has been adopted.
The Rubicon has been crossed.
If you don't want to reveal your wallet holdings with every payment, you're guilty of money laundering by default.
396 votes against 68, with main opposition from the Parti de la France Insoumise ...
In other words, there are 396 people whose existence relies on the taxes of the French who have decided overnight that you're criminals by default if you use Lightning, ZKPs, and loads of other technologies that "enable the anonymization or opacification of crypto-asset transactions", even if that's not the intended use of their users.
The Rubicon has been crossed.
If you don't want to reveal your wallet holdings with every payment, you're guilty of money laundering by default.
396 votes against 68, with main opposition from the Parti de la France Insoumise ...
In other words, there are 396 people whose existence relies on the taxes of the French who have decided overnight that you're criminals by default if you use Lightning, ZKPs, and loads of other technologies that "enable the anonymization or opacification of crypto-asset transactions", even if that's not the intended use of their users.
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