Regulatory arbitrage interception - the EU has the ball.

professor rat pro2rat at yahoo.com.au
Sun Dec 11 06:33:49 PST 2022


European pigs worse than fascist Chinese pigs?

https://news.bitcoin.com/european-union-to-put-a-10000-euro-limit-on-cash-payments-transactions-over-e1000-in-crypto-will-be-scrutinized/

However, Phone-number-only wallets allow a single-transaction limit of 2,000 RMB. Expanding this limit requires associating additional identifying information with an e-CNY wallet, such as a photo and an ID number, with larger limits or unlimited accounts requiring more information.

https://digichina.stanford.edu/work/lexicon-controllable-anonymity-or-managed-anonymity-and-chinas-digital-yuan/

So the Chinese fascist pigs will be trip-wired above 2-3 hundred dollars while EU’s will take a 1000 trigger. Regulatory arbitrage interception - the EU has the ball!


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