Post
Topic
Board Legal
Merits 1 from 1 user
Re: Europe killing the crypto atm business
by
ccfortransparency
on 22/02/2019, 13:45:28 UTC
⭐ Merited by vapourminer (1)
I actually posted a discussion about it on reddit;
https://www.reddit.com/r/Bitcoin/comments/afiu34/eu_bitcoin_atm_operators_not_in_compliance_with/

So far it it still gives atm operations the option for anonyms transactions, but I would set is as low as 250 EUR for buy per crypto addr and 150 for crypto to cash per btc addr - I am still waiting for laywer to confirm that this would be a good estimation without getting into trouble - I am also awaiting my member state to impl. the AMLD5 into local laws, so I can see if they make it stricter or if they write is as vague as possible, just like the EU Directives :/

Well, hopefully we can say good bye to fiat and forget about the EU Directive some day - if you read the EU future plans then they want businesses and people to register at central database with their BTC addresses, the EU are being morons - FIAT is the problem, not our transparent bitcoin...