Announcements like this are very sad. We're already beyond a point at which companies need to voice concerns against these nonsense regulations, rather than limiting their customers and bitcoin users in general. This industry needs to grow some balls.
What's your take, nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l?
Published my take here. We are fighting hard. I think this is a sign of bad things to come from govt. they have been saying it for years. They don’t like “unhosted” wallets and they want to monitor every tx. Now they are using fake news to make it real at the banking layer. https://x.com/skwp/status/1723444038932582414?s=46&t=0SvIPQLG1ahvJgMsn53NMA
Thanks for the answer, nostr:npub1fqn4fgzkk8nm2x3wd600n935c9tc7xgg9jhk5dfa0kuvrgvsyv7sgu536l! I fear this will eat up valuable resources, not just for Swan but across the whole industry, which could rather be used elsewhere and more productively. Keep on building!
