Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The MiCA regulation in Europa has passed the votes. It will take effect in 2024.
https://www.coindesk.com/policy/2023/04/20/eu-parliament-approves-crypto-licensing-funds-transfer-rules/
https://www.coindesk.com/policy/2023/04/20/eu-parliament-approves-crypto-licensing-funds-transfer-rules/
anybody knows if this affects non-custodial wallets and (private) onchain transfers?
You can continue to do what you want. As soon as you use an official money transmitter, you have to do KYC from a transfer sum of €1000.
That is the status today. So what will the future bring?
I'm pretty sure the EUSSR will want to lay hand on non-custodial wallets at some point in the future...
Was just curious if they already went for it...