freed on Nostr: You have a KYC wallet that you move your BTC to your exchange that shares the ...
You have a KYC wallet that you move your BTC to your exchange that shares the transactions with the tax authority.
You have a non-KYC wallet that you move your BTC to your KYC wallet via a two step DEX (decentralized exchange): first to a non-BTC crypto coin and from that to the KYC BTC wallet.
The BTC trail ends with the DEX.
THe EU asset register will get around this. Solution: Escape EU, UK. ASAP.
Coming soon (hopefully) to Sparrow, Aqua etc: 'Silent Transactions' - "Receive private payments from anyone on a single static address without requiring any interaction or extra on-chain overhead." - this a feature called BIP352 running as part of the Bitcoin core software.
Read more:-
https://gist.github.com/RubenSomsen/c43b79517e7cb701ebf77eec6dbb46b8
https://www.nasdaq.com/articles/silent-payments-are-coming-better-protect-bitcoin-users
https://silentpayments.xyz/docs/wallets/
So far only Cake wallet has the feature implemented fully and we both wallets of the send & receive to have the BIP352 feature included for the private transaction to occur.
You have a non-KYC wallet that you move your BTC to your KYC wallet via a two step DEX (decentralized exchange): first to a non-BTC crypto coin and from that to the KYC BTC wallet.
The BTC trail ends with the DEX.
THe EU asset register will get around this. Solution: Escape EU, UK. ASAP.
Coming soon (hopefully) to Sparrow, Aqua etc: 'Silent Transactions' - "Receive private payments from anyone on a single static address without requiring any interaction or extra on-chain overhead." - this a feature called BIP352 running as part of the Bitcoin core software.
Read more:-
https://gist.github.com/RubenSomsen/c43b79517e7cb701ebf77eec6dbb46b8
https://www.nasdaq.com/articles/silent-payments-are-coming-better-protect-bitcoin-users
https://silentpayments.xyz/docs/wallets/
So far only Cake wallet has the feature implemented fully and we both wallets of the send & receive to have the BIP352 feature included for the private transaction to occur.