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Replying to Avatar The Nostr Report

The EU is taking aim at self-custody wallet payments, increasing the tracking of crypto transfers, and banning privacy coins such as Monero. Many of these changes are to take place this week.

H/t: nostr:npub1nxa4tywfz9nqp7z9zp7nr7d4nchhclsf58lcqt5y782rmf2hefjquaa6q8

https://www.dlnews.com/articles/regulation/why-the-eu-is-about-to-outlaw-and-curb-key-crypto-features/

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w3ird_ 2y ago

since these restrictions are placed on the off-ramps of crypto, such as exchanges, couldn't these regulations just accelerate the Bitcoin circular economy as the solution to getting around them is to just not off-ramp?

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