I live in France and the French finance minister asked to reveal the identity of all crypto owners to curb terror financing, this will also include self hosted wallets.
The same thing is happening in the Netherlands. The plan is to enforce it in the coming years. There are also talks that this will be introduced in the USA.
Of course you can choose to comply with the law, but I don't want to do anything illegal.
This would also mean I can't send my bitcoin to a exchange anymore. They would only accept regulated custodial bitcoin wallets.
What I think will happen in Europe and the USA is a grey bitcoin world with self hosted wallets and a clean legal bitcoin world with KYC custodial wallets.
This is not a far away scenario but it is happening now.. look at the "The Swiss Rule"
Anyone else worried about this?
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