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What did I miss? Who is banning what in what country? πŸΆπŸΎπŸ€”

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New AML regulations coming in the EU targeting, from my understanding, anonymized payments to "hosted" wallet providers. Doesn't sound like a direct ban on "unhosted wallets" (stupid term) but would have implications on p2p payments.

Ok, so I assume they mainly target ETF/exchanges (hosted wallets) and not self custody of the keys. I wonder if it impacts LN and WoS/Alby wallets πŸΆπŸΎπŸ€”

I haven't seen the actual proposed regulations but it sounds as if it could based on this response from one of the Parliament members who opposed it:

https://www.patrick-breyer.de/en/eu-cash-cap-and-ban-on-anonymous-crypto-payments-results-in-financial-paternalism/

Seems like LN wallets are fucked, but IANAL πŸΆπŸΎπŸ€·β€β™‚οΈ

Does not sound good. And that acronym leaves room for humorous interpretation 🀭

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