Avatar
mutatrum 2y ago

Anyone have an ELI5 on the MICA/TFR regulations that have been approved by EU parliament today?

Reply to this note

Please Login to reply.

Discussion

Avatar
Nice and Kind Vic 2y ago

Use non custodial for exemptness.

Threshold for TFR/Travel Rule is 0.

https://www.nobsbitcoin.com/eu-parliament-approves-travel-rule-and-mica/

Avatar
mutatrum 2y ago

Doesn't sound much more than what they already do know, oe am I missing something?

Avatar
Nice and Kind Vic 2y ago

I don't know. How much was voluntarily implemented before to establish a political moat vs what will be required in 2024?

Avatar
DZC 2y ago

Actually it looks like MICA is a push for decentralisation: