The EU recently voted in favor of anti-money laundering(AML) rules that will see to it that transfers between both custodial and non-custodial wallets are surveilled. While more lenient on non-custodial wallet transfers, these too can be surveilled under the law if transfer amt is greater than 1000 EU. Basically the same rules imposed on banks to report txns when value is over 1000 EU. The EU is comprised of 27 member states. What do you guys think? Is the EU doing themselves a disservice, given the space is still in its infancy? Cld this set a precedence for the US?
UPDATE: here’s the link to the original story for ppl who think I’m making this stuff up:
Just wanted to get your thoughts, but many of you want to keep your head in the sand and act like bitcoin is impervious to regulation. Interesting to see how it plays out though and if they can actually regulate such a free and open space.