KYC on steroids in the EU starting from 2025.

However:

"Self-hosted wallets are not obliged entities. Therefore, peer-to-peer (P2P) transactions (from a selfhosted wallet to a self-hosted wallet) are not in scope."

If you orange pill any local vendors in person, make absolutely sure they start using non-custodial wallets to not get tangled up in this shit. Otherwise they would need to report full KYC info on any transaction above 0€.

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