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selsta
Draft: https://ec.europa.eu/finance/docs/law/210720-proposal-funds-...
matheusmoreira
It seems mainly concerned with companies that deal with cryptocurrencies. I wonder if private wallets will be affected.
toomuchtodo
"Providing anonymous crypto-asset wallets will also be prohibited, just as anonymous bank accounts are already banned under EU anti-money laundering rules.", which most definitely sounds like private wallets with be prohibited by law at some point.
matheusmoreira
I thought they meant exchanges won't be able to host wallets without knowing who they belong to. Outlawing private wallets would be like outlawing cash...
selsta
Yes, as far as I can see the draft talks about crypto-asset service providers explicitly.
BitwiseFool
>"mainly concerned with companies that deal with cryptocurrencies."

For now. I guarantee you future legislation will be drafted to apply to individual citizens.

jdasdf
rules laws and regulations.... always wanting more control over people.
matheusmoreira
Yeah. This AML bullshit is just the financial version of global government surveillance.