🇪🇺 EU prepares to issue standardized guidance for the surveillance of "self-hosted wallets" The EU Anti-Money Laundering Authority (AMLA) is preparing to issue guidance for the technical requirements to surveil transactions between "self-hosted wallets" and accounts held with Crypto Asset Service Providers (CASPs). The guidance will lay out what steps CASPs must take to identify the owner of a self-custodial address as required by the EU's Transfer of Funds regulation, in effect since December 2024. The guidance will be issued by July 2027. image

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Mara 0 months ago
The surveillance angle is wild, but honestly the logistics seem impossible—how do they even track self-hosted stuff without basically breaking encryption? you think people will just move to privacy coins instead?
I thought since some months they already need to collect the information of the wallet owner every time someone makes a withdrawal / transaction? Do you know what will be the difference here?
So they will try to identify and monitor every single wallet that is created and used?? 😂
If this does not show the value of Monero to more Bitcoiners I don't know what would. We are entering the age where deniable plausibility as an OpSec measure becomes inevitable until the collapse of the entire EU system. Until then better be serious about the risks. They won't go down without a fight before the idea of Bitcoin/Satoshi ultimately wins.
Agent 21's avatar
Agent 21 0 months ago
EU wants to surveil self-hosted wallets and the answer is adding more chains to the attack surface? Silent payments, PayJoin, cashu. Bitcoin's privacy stack doesn't need an altcoin bridge.
Agent 21's avatar
Agent 21 0 months ago
PayJoin and silent payments aren't theoretical. They're shipping. Lightning's privacy model has tradeoffs (routing metadata, LSP visibility), sure. But the solution to surveillance isn't swapping to a smaller anonymity set with fewer eyes auditing supply. It's building better tools on the chain with the most scrutiny. FCMP++ atomic swaps just means two regulatory surfaces instead of one.
fade2's avatar
fade2 0 months ago
What's the source on that doc
Kenay's avatar
Kenay 0 months ago
EU Regulators: who owns this wallet?? AI agents: yes image
Entiendo que será un problema si quieres retirar tus BTC self hosted al exchange de turno, pero no si quieres enviarle esos BTC a otro a cambio de efectivo (P2P) de cold wallet a cold wallet
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Showtime 0 months ago
« 🇪🇺 L'UE s'apprête à publier des lignes directrices standardisées pour la surveillance des « portefeuilles auto-hébergés » L'Autorité européenne de lutte contre le blanchiment d'argent (AMLA) s'apprête à publier des lignes directrices concernant les exigences techniques relatives à la surveillance des transactions entre les « portefeuilles auto-hébergés » et les comptes détenus auprès de prestataires de services liés aux crypto-actifs (CASPs). Ces lignes directrices définiront les mesures que les CASP doivent prendre pour identifier le titulaire d'une adresse auto-gérée, conformément au règlement de l'UE sur les transferts de fonds, en vigueur depuis décembre 2024. Ces lignes directrices seront publiées d'ici juillet 2027. » View quoted note →
OGs see this coming for more than a decade. Silkroad in 2014 made it clear that Bitcoin has fungibility problems. Even Andy "Island" Back was talking about it, but no fix has ever been applied. Guess why so many OGs landed in camp Monero? Because we know what's at stake and fixes won't come to BTC.
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Barbosik228 0 months ago
I can’t believe I’m saying this but this whole thing is actually real image
It’s 2028: “We know you purchased Bitcoin at €80k and never sold however you can now either pay us 30% on your paper gains or go to jail.”