2 ms·
Indeed - which is why regulators are much more likely to push in that direction - make self-custody a regulatory minefield, denormalizing managing your own keys
by 3np 6y ago
Indeed - which is why regulators are much more likely to push in that direction - make self-custody a regulatory minefield, denormalizing managing your own keys. And effectively reaching the same goal (complete oversight and control over funds and transactions).
I'm concerned if it continues in this direction, holding your own keys will be viewed as suspicious and seen as attempt to money laundering, further raising the barrier for people not to have their funds controlled and transactions monitored bu the incumbents.