Post
Topic
Board Legal
Re: IMF calls for the regulation of cryptocurrency
by
Porfirii
on 02/07/2023, 11:03:13 UTC
If you work by law, then you are required to accept stablecoins from identified wallets and send money to identified wallets.
I think that stablecoins are superfluous in this market and their regulation will get worse until all wallets pass KYC. And if they fail to meet this requirement, they will be removed from the market.

That's worrying. What will happen with long term holders? Will they be forced to go through scrutiny due to the fact that until now identified wallets were not the norm? Will this apply only to stablecoins as you mentioned, or with cryptos in general? I have to catch up with the new european regulation: I thought it was addressed to service providers, but it seems that users like us should also be aware.