Post
Topic
Board Legal
Merits 1 from 1 user
Re: Is the Bitcoin Lightning Network banned in Europe?
by
stompix
on 26/11/2023, 11:47:49 UTC
⭐ Merited by zasad@ (1)

Can you link to such directive?
These are only amendments to the law and proposals

Care to link to such amendment?
An amendment to a law should be public just as a proposal.

EBA consults on amendments to the Guidelines on money laundering and terrorist financing risk factors to include crypto-asset service providers
https://www.eba.europa.eu/eba-consults-amendments-guidelines-money-laundering-and-terrorist-financing-risk-factors-include

And the amendment of banning privacy coins in Europe is....where?

If you are from Europe, please tell us what will happen next with this bill.

There is no such bill, all crypto regulations are part of MICA, and MICA is not addressing personal or non financial business, it's only targeting  crypto-asset service providers. So the whole thing about the EU banning LN is just crazy talk. Restricting CASP from dealing with privacy coins in financial truncations with companies that are either not regulated in the EU or aren't complying with AML/FATF rules that's a different thing.