Thanks for the heads up. A few questions:
1) Does this also apply to all the new notes issued as unloaded/buyer-funded, etc. ?
2) Does this apply only to notes that contain private keys generated by Polymerbits or all notes containing a private key in general? (ie Polymerbit only create/print the note & handles the note to a third party such as MoparMining to generate & apply the priv/pub keys)
3) Could you please elaborate on the "Report overloading (for example 1 mbtc notes containing more than 1mbtc in funds)"? If the note is sold unfunded/buyer-funded, do you have to match the indication on the note (ie "1 satoshi", 1M satoshis", "10€ worth of BTC at 1/1/2025", "the current value of 1 banana in satoshis

" etc.) with the public key, continuously monitor the public address & report overloading?
Thanks
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1) Yes, any notes where we generated the keys count.
2) Technically no, but if the notes end up or pass through states where the law is active... we could still face issues. Easier to make a blanket policy and avoid the problem.
3) We need to monitor if the loaded balance ever exceeds the loaded amount suggested on the bill. If it does, we need to be ready to comply with authorities. The EACT, US or HM treasury dept could ask us for these lists. We'll comply with that request by highlighting which serial numbers are overloaded.
What we're not asked to do is log private keys or home addresses (thanks to GDPR). Almost all the notes are sold via distributors, and we don't need to know who they sold to.