I sent an annoyed email to EBA (European Banking Authority) telling them that they need to remove the #SatoshiTest from their Travel Rules guidance in EBA/GL/2024/11 (item 83c on page 31).

And that they need to immediately ban the practice. Companies are doing this because they're lazy. On-chain privacy harm is irreversible. The other methods are bad too, but they at least don't put stuff on the chain.

I expect them to ignore my email of course, but who knows.

⚡️🚨 NEW - Jim Cramer warns of a 1987 "Black Monday" style stock market crash on Monday, says he is about to be super mad.

"Black Monday" was a global stock market crash where the Dow Jones tanked almost 23% in a single day.

"If the president doesn't try to reach out and reward these countries and companies that play by the rules then the 1987 scenario..."

"The one where we went down three days and then down 22% on Monday, has the most cogency."

"I will contain my anger... and if Europe moves against our fabulous tech companies next week, then I will be furious."

I didn't hear about this so far. #Swiss people, what can we do to fight?