Dan Romero
@dwr.eth
Is this true? https://x.com/watcherguru/status/1771563276364570653?s=46
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Agost Biro
@agostbiro
IANAL, but imo no. This is my understanding: - EU requires regulated entities to do KYC for cash payments over €3,000. Unclear if this applies to crypto payments. - EU bans crypto-asset provider from supporting custodial wallets for anon coins. Non-custodial wallets unaffected
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timdaub
@timdaub.eth
No for crypto payments already below 1000 EUR, KYC has to happen anon coins like monero are banned from crypto asset service providers - source: EUCI Twitter space
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Agost Biro
@agostbiro
"for crypto payments already below 1000 EUR, KYC has to happen" This is for crypto payments to crypto-asset service providers, right? My understanding is that crypto payments between self-hosted wallets are unaffected
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timdaub
@timdaub.eth
Yes this affects crypto asset payment providers eg exchanges. It may not affect you personally or privately
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