Quote from: gsus.dev on November 23, 2023, 06:12:18 PM

Hello,

I have tried to withdraw BTC through the Lightning Network in Binance, but the option is unavailable.

I contacted Binance Customer Service and the agent replied I'm not able to withdraw/deposit through LN because I'm an EU citizen.

It turns out that the new EU regulations have banned the LN in CEX such as Binance and Coinbase. Also other crypto like XMR and DASH have been banned too.
I understood from the Binance Customer Service that EU decided to ban it because the LN transactions cannot be traced.

Even if I'm not allowed to withdraw from/deposit to an CEX, I'm now unsure that I can use the LN in EU at all.
I'm not able to find any information around the topic anywhere in the Internet.

Can I still use the Bitcoin Lightning Network in Europe with wallets supporting it?
Can I be prosecuted because of using it at all?

There are still other altcoins with low fees, but Bitcoin is the most mature and capitalized crypto in the market; the LN enables Bitcoin to be used in everyday transactions.
I can buy a coffee instantly with virtually no fees, and the transaction is confirmed instantaneously.
An analogy I've found useful: Bitcoin is your bank equity and statements and Bitcoin Lightning Network coins are analogue to cash, untraceable and anonymous.
If Bitcoin Lightning Network is banned - cash should be banned equally - shouldn't it?

Binance is garbage after that, I haven’t used it for several years
https://bitcointalk.org/index.php?topic=5439961.msg63202131#msg63202131

Save this link and trade freely in Monero, Bitcoin and use LN and do not use centralized dumps that will fulfill all the requirements of your governments.
https://archive.ph/CpS0W