nostr:npub1v6z4srj4ktch4f3ee9ze2zp7ml4n9rshttmntpamfed0nvpev5fszzuq49 warned us that FATF was working on this months ago on the nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast. It’s happening. We can also fully expect our beloved tools like Electrum to come under attack any day now.
Keep building, anon. The politicians only know how to do the wrong thing. Don’t expect them to help.
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I have worse to report.... Although I understand Google play store is now allowing self custodial wallets (they excluded those from their decision and backtracked?) The FATF standards bring into scope entities who "control or manage applications which allow users to hold virtual assets". Even if you haven't seen much evidence of this yet, it's there waiting to be enforced.
Its coming.