Post
Topic
Board Exchanges
Re: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20
by
joker_josue
on 07/04/2025, 06:51:02 UTC

So yes, it is an effective way of teaching many users coin control and basic privacy features (address reuse).

You might be right here.

Won't this feature force users to make address reuse?

I don't think those new rules will teach people about privacy. They will learn how to make the worse privacy habits ...

Luckily,  I  can still avoid those exchanges from UE because I live in Brazil. I just used bitstamp and other foreign exchanges to move money to other countries..

Yes and no.

Yes, because for reasons of convenience, it may motivate the person to always use the same address so as not to provide this data.
No, because KYC data is not required in most cases. Normally the person only needs to say their name, country of origin, and type of wallet (custom or not).


Note another explanation on the subject: https://help.crypto.com/en/articles/10190809-european-union-travel-rule-requirements-faq


Now, this type of law is stupid and clueless about how Bitcoin and cryptocurrencies in general work.