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Draft: https://ec.europa.eu/finance/docs/law/210720-proposal-funds-transfers_en.pdf https://ec.europa.eu/finance/docs/law/210720-proposal-funds-...

• matheusmoreira 5y ago
  It seems mainly concerned with companies that deal with cryptocurrencies. I wonder if private wallets will be affected.
  • toomuchtodo 5y ago
    "Providing anonymous crypto-asset wallets will also be prohibited, just as anonymous bank accounts are already banned under EU anti-money laundering rules.", which most definitely sounds like private wallets with be prohibited by law at some point.
    • matheusmoreira 5y ago
      I thought they meant exchanges won't be able to host wallets without knowing who they belong to. Outlawing private wallets would be like outlawing cash...
      • selsta 5y ago
        Yes, as far as I can see the draft talks about crypto-asset service providers explicitly.
  • BitwiseFool 5y ago
    >"mainly concerned with companies that deal with cryptocurrencies." For now. I guarantee you future legislation will be drafted to apply to individual citizens.