yael on Nostr: Whatever this bill or future legislation requires, it is clear that non-custodial ...
Whatever this bill or future legislation requires, it is clear that non-custodial solutions and peer-to-peer transactions without any intermediary will have to remain the focus for scaling the adoption of Bitcoin and other cryptocurrencies.
quoting note1t48…w006NEW my article up at TheBlaze on the latest proposed AML/KYC rules for Bitcoin custodial services in the US:
"Rather than embracing the permissionless innovation that Bitcoin and its cryptocurrency offspring provide, these rules would force yet more financial surveillance and regulatory compliance on the next iteration of digital money, artificially choking the growth of this industry"
https://www.theblaze.com/return/the-feds-are-trying-to-stifle-bitcoin-and-crypto-with-draconian-new-regulations