Post
Topic
Board Legal
Re: Is the Bitcoin Lightning Network banned in Europe?
by
zasad@
on 25/11/2023, 12:09:08 UTC
What do you mean by: go through an instant exchange?
Exchange alt to bitcoin to use with LN across Europe. If you want to withdraw via LN like Binance, find here for DEX, instant btc><alts exchange that supports bitcoin LN. https://cointastical.github.io/Exchanges-With-LN/
I don't think European regulations can prevent you from withdrawing Bitcoin LN via DEX.
Not only state laws cannot stop decentralized exchanges, and I cannot judge whether this is prohibited or not. Europe has very strict tax laws, and a problem arises when legalizing cryptocurrencies, because decentralized exchanges do not provide documents on trading. Therefore, for the tax authorities, all cryptocurrency will be considered net profit when calculating fines.