https://beincrypto.com/eu-bill-1000-euro-limit-anonymous-crypto-transfers/ New EU Bill Introduces 1,000 Euro Limit on Anonymous Crypto Transfer Privacy coins are the only coins that will survive for decades, best start developing deploying and migrating to them now. [–]nusk0Platinum | QC: CC 64 8 points 7 hours ago Good luck catching the anonymous person that just transfered 1001 Euro permalink embed save report reply [–]DanteTheSimpSlayer 2 points 7 hours ago They are so stupid - it hurts permalink embed save parent report reply [–]hquerTin | CC critic 0 points 7 hours ago Psst permalink embed save parent report reply [–]Flick-a-da-wristTin 1 point 2 hours ago They wont have to catch the individual. They will just fine the exchange or service that violates their rules. Then these services simply wont allow such transfers to avoid fines. permalink embed save parent report reply [–]BananoBoyz 6 points 7 hours ago Monero smiling. permalink embed save report reply [–]coinfeeds-botApproved CC Bot 3 points 7 hours ago tldr; EU lawmakers have voted favorably on a new draft bill to limit anonymous crypto transfers to 1000 euros. They also voted to establish a new Anti Money Laundering Authority to supervise risky assets like crypto. The bill will be voted on at a plenary session of the European Parliament on April 18, 2023. This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. permalink embed save report reply [–]NuewimPlatinum | QC: CC 613, ETH 31 | TraderSubs 31 2 points 7 hours ago I am not entirely sure they understand what ANONYMOUS mean... permalink embed save report reply [–]Ryuzaki_63Platinum | QC: CC 610 | NVIDIA 81 2 points 7 hours ago They must ask a self-custodial wallet user who transfers more than 1000 euros if he is the wallet’s owner. So you must prove you are the owner of a hardware wallet if you were to transfer it to an exchange? permalink embed save report reply [–]DanteTheSimpSlayer 1 point 7 hours ago get two wallets. KYC one. Send funds from non kyc one to kyc one and send to exchanges xD Law beat permalink embed save parent report reply [–]Ryuzaki_63Platinum | QC: CC 610 | NVIDIA 81 3 points 7 hours ago Genius! Straight to jail, right away permalink embed save parent report reply [–]DanteTheSimpSlayer 2 points 7 hours ago what jail? I can't control what people I don't know who have my wallet address send me permalink embed save parent report reply [–]Ryuzaki_63Platinum | QC: CC 610 | NVIDIA 81 2 points 6 hours ago KYC wallet, jail. Non KYC wallet, also jail, right away. The meme in case I'm confusing you :> permalink embed save parent report reply [–]DanteTheSimpSlayer 2 points 6 hours ago LOOOOL permalink embed save parent report reply [–]LieutenantZucc 0 points 7 hours ago If you send something from a KYC wallet to a non-KYC one, you’re pretty much KYCing the other one. permalink embed save parent report reply [–]DanteTheSimpSlayer 0 points 7 hours ago No, I said non kyc to kyc. Not the other way around. Then dumb mode on - "I have no idea who sent it to me, might have been a mistake" and just get burner wallets like burner phones xD permalink embed save parent report reply [–]LieutenantZucc 1 point 6 hours ago Oops! That being said I don’t think that excuse will hold for much longer than once haha permalink embed save parent report reply [–]DanteTheSimpSlayer 0 points 6 hours ago They have proof? xD permalink embed save parent report reply [–]unitys2011Platinum | QC: CC 35 2 points 6 hours ago Laughs in Monero permalink embed save report reply [–]Silver-dutchBronze | ADA 8 1 point 7 hours ago So how do they control it? It’s anonymous permalink embed save report reply [–]EdgeLord19941 1 point 7 hours ago Pseudonymous, once they link your name to an account it's all over permalink embed save parent report reply [–]joeyg334Tin | LRC 12 | Superstonk 19 1 point 6 hours ago There really is nothing that the government can't fuck up. permalink embed save report reply [–]thanksHedera 0 points 6 hours ago they don't know that there are still many tricks to be able to do lmao permalink embed save report reply [–]BlindestofMonks 0 points 6 hours ago just transfer 5k in 5x1000, no big deal permalink embed save report reply [–]tvanbormTin 1 point an hour ago Sure, let’s pay gas fees 5 times. Who is gonna do multiple ETH transactions instead of just one? permalink embed save parent report reply [–]Muriqui91Tin 0 points 6 hours ago Laughs in crypto permalink embed save report reply [–]tvanbormTin 1 point 57 minutes ago So, they are actually promoting the use of DEXes? They may force a CEX to comply with this, but how will those identify who an external wallet belongs to? Also, I don’t doubt there are gonna be people who’ll create hundreds of wallets and send +1k transactions for the fuck of it. Good luck identifying every single wallet. permalink embed save report reply