EU's upcoming crypto AML regulation (TFR)
- Thread starter marioIT
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The scariest thing is that, according to EU documents, they are looking for a way to regulate transactions between private wallets.
https://www.europarl.europa.eu/doceo/document/CJ12-AM-719852_EN.pdf
It has already been mentioned by lawmaker︂ who support the amendment and the FATF president. Perhaps in the future, p2p traders will︃ have to report each other to the government before transfer bitcoin.
EU Lawmakers to Vote︄ on Blocking Anonymous Crypto Payments, Documents Show
Crypto Implicated in Child P**N, Terrorism, French Official︅ Says, Calling for End to Online Anonymity
The most interesting is, this lawmaker is known︆ as a human rights activist. Her twitter profile and Wikipedia say so.
It's hard to︇ understand... is this some kind of joke?
https://www.europarl.europa.eu/doceo/document/CJ12-AM-719852_EN.pdf
It has already been mentioned by lawmaker︂ who support the amendment and the FATF president. Perhaps in the future, p2p traders will︃ have to report each other to the government before transfer bitcoin.
EU Lawmakers to Vote︄ on Blocking Anonymous Crypto Payments, Documents Show
Crypto Implicated in Child P**N, Terrorism, French Official︅ Says, Calling for End to Online Anonymity
The most interesting is, this lawmaker is known︆ as a human rights activist. Her twitter profile and Wikipedia say so.
It's hard to︇ understand... is this some kind of joke?
I believe the average citizens with a normal day job and a simple pension saving will not feel it that way, they have their house, their car and simple life. I'm not sure how the new world order can hurt them or make them to slaves of the governments.
I assume that all being distributed to them by big gov. And the pension will be airdropped by the upcoming CDBC.
But as history proves, these housings will not be nice nor will the CBDC handout be enough to be a what a today middleclass lifestyle in Europe is. It will be much lower.
Hope I am wrong on that but in the meantime I conclude with the wise words︀ of "Karen" Nuland "F*ç the EU"
But as history proves, these housings will not be nice nor will the CBDC handout be enough to be a what a today middleclass lifestyle in Europe is. It will be much lower.
Hope I am wrong on that but in the meantime I conclude with the wise words︀ of "Karen" Nuland "F*ç the EU"
Yeah she let her real feeling known about EU on that private call....lol.
Property taxation is only gonna get worse and people will be encouraged to live in ever more smaller energy efficient houses to save costs. Savings and property will be a thing of the past for a generation of young people in EU's western states. They cannot even get on︀ to the property ladder working a decent job if they can even find one.
EU gonna end up with a generation of young people living their entire lives with their︁ parents or in rented accommodation with ever rising rents. Their only assets will be an︂ IG account with 188 followers, a Metaverse account, an iphone 11 they bought on credit︃ and a 50inch Samsung TV to watch Netflix Squid Games season 10. And they will︄ be happy conf/(%.
I say it again. Crypto needs to disconnect from fiat on/off ramps︅ and survive on its own merit to stand a chance going forward. Regulations will only︆ get more harsh year after year.
Property taxation is only gonna get worse and people will be encouraged to live in ever more smaller energy efficient houses to save costs. Savings and property will be a thing of the past for a generation of young people in EU's western states. They cannot even get on︀ to the property ladder working a decent job if they can even find one.
EU gonna end up with a generation of young people living their entire lives with their︁ parents or in rented accommodation with ever rising rents. Their only assets will be an︂ IG account with 188 followers, a Metaverse account, an iphone 11 they bought on credit︃ and a 50inch Samsung TV to watch Netflix Squid Games season 10. And they will︄ be happy conf/(%.
I say it again. Crypto needs to disconnect from fiat on/off ramps︅ and survive on its own merit to stand a chance going forward. Regulations will only︆ get more harsh year after year.
If they go the route with unrealized capital gains taxes via a wealth tax, their assets will not be there for long.
https://www.armstrongeconomics.com/...to-destroy-the-us-financial-markets-tomorrow/
Another option e.g. is the in November 2019 implemented change of the Lastenausgleichsgesetz in Germany. From january 2024 onwards it will also cover damages caused by vaccines.︀
https://www.armstrongeconomics.com/...to-destroy-the-us-financial-markets-tomorrow/
Another option e.g. is the in November 2019 implemented change of the Lastenausgleichsgesetz in Germany. From january 2024 onwards it will also cover damages caused by vaccines.︀
That is an interesting time you mention, who could have thought in November 2019 to just by chance cover vaccines?
This is the most insane situation I have seen in my life time happening in the age of technology. First everyone is laughing about crypto and ignore it, than they BAN it, now they tax it.
The world is getting a shithole.
The world is getting a shithole.
Governments are getting ever more desperate if they are focusing on crypto.
P.S Just waiting for the first story of a Russian Oligarch evading sanctions by using crypto 🙄.
P.S Just waiting for the first story of a Russian Oligarch evading sanctions by using crypto 🙄.
they are pushing wealth out of EU with these plans, EU is not the center of universe, there are better places on this planet to live moreover considering mass insanity in EU, so person should be masochist or get some gains for suffering or be just hostage to stay there )) but as long freedom of movement is not limited there is a way out
well they voted, pretty much they are inline with the picture below.
This is about crack down on "unhosted wallets".
They are blocking the exits so they can enslave you with their wonderful CBDCs.
Mark their names so you know who to curse smi(&%, 58 voted in favour:
Key to symbols:
+ : in favour
- : against
0 : abstention
This is︀ not the final stage of the legislative process and it will take quite a while.︁
Probably in April will go to the plenary session and then EU Parliament/Commission/Council.
But one︂ of the things this will change is when making transfers to own/hardware/meta wallets and on/off︃ ramp from fiat/cbdc, making it way more difficult, as both the sender and the receiver︄ has to be ID'd.
Exchanges will have 9-18 months to be fully compliant after entry︅ into force.
I guess 2023 will be the transition year (CBDCs) and 2024 will be︆ hell fully deployed in EU.
This is about crack down on "unhosted wallets".
They are blocking the exits so they can enslave you with their wonderful CBDCs.
Mark their names so you know who to curse smi(&%, 58 voted in favour:
Key to symbols:
+ : in favour
- : against
0 : abstention
This is︀ not the final stage of the legislative process and it will take quite a while.︁
Probably in April will go to the plenary session and then EU Parliament/Commission/Council.
But one︂ of the things this will change is when making transfers to own/hardware/meta wallets and on/off︃ ramp from fiat/cbdc, making it way more difficult, as both the sender and the receiver︄ has to be ID'd.
Exchanges will have 9-18 months to be fully compliant after entry︅ into force.
I guess 2023 will be the transition year (CBDCs) and 2024 will be︆ hell fully deployed in EU.
what'll stop one from claiming "I've been hacked and have lost of all my cryptocurrency"? No crypto - no tax.
One could generate a new wallet, move over all of his crypto to it and claim that that's someelse's wallet -- a hacker's one.
One could generate a new wallet, move over all of his crypto to it and claim that that's someelse's wallet -- a hacker's one.
Russia, Sanctions, and Crypto's Moment of Truth
https://www.nasdaq.com/articles/russia-sanctions-and-cryptos-moment-of-truth
https://www.nasdaq.com/articles/russia-sanctions-and-cryptos-moment-of-truth
Indeed, and what happend over the past 12 hours illustrates that the future of BTC is highly dependent on what regulators decide https://cointelegraph.com/news/crypto-industry-pushes-back-after-eu-vote-to-block-unhosted-wallets
If the value of a so-called uncontrollable asset collapses by 10% just because a few EU-bureaucrats in Bruxelles submit a vote for further elaboration by member states, it will get very nasty when the US suddenly moves against crypto. The China-event of 2021 would suddenly look like a non-event.
If the value of a so-called uncontrollable asset collapses by 10% just because a few EU-bureaucrats in Bruxelles submit a vote for further elaboration by member states, it will get very nasty when the US suddenly moves against crypto. The China-event of 2021 would suddenly look like a non-event.
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