provoost on Nostr: I don't see anything that directly impacts p2p either, just the on and off ramps. ...
I don't see anything that directly impacts p2p either, just the on and off ramps. There does seem to be a requirement of surveillance of what coins do before and after which can have a chilling effect. That's not new, just worse because it's the law rather than 'voluntary' (arguably illegal, because GDPR) behavior by exchanges.
31b is new in the same sense: some companies already demanded address verification but this is illegal under GDPR because you can't collect data without a legal basis. Bitonic was forced to do this by the Dutch central bank. They went to court and won. Other companies are to cowardly to do the same and the privacy regulators don't have time to fine them for knowingly violating GDPR. The difference is that this new law provides the missing legal basis.
Anyway that's my understanding so far which could be wrong.
31b is new in the same sense: some companies already demanded address verification but this is illegal under GDPR because you can't collect data without a legal basis. Bitonic was forced to do this by the Dutch central bank. They went to court and won. Other companies are to cowardly to do the same and the privacy regulators don't have time to fine them for knowingly violating GDPR. The difference is that this new law provides the missing legal basis.
Anyway that's my understanding so far which could be wrong.