From 30 December 2024, the EUโs Transfer of Funds Regulation (aka "Travel Rule") comes into force and will apply to all customers of EU crypto exchanges and custodians.
In many cases, transactions in and out of your exchange wallet will now require additional information before they can be completed.
The Travel Rule has been introduced to enhance the ability of law enforcement agencies to combat money laundering and terrorist financing. Ultimately, the intention is to stop bad actors benefitting from crypto and make it a safer, more secure ecosystem for all.
#regulations #EU
Just read the first 50 pages and I am just thinking about the inflection point of Bitcoin on several aspects of the world. Great read so far. #bookwormatwork #paranoia
Early mornings are the best. Starlit morning walk with the cats. And now I have read my daily 50 pages. Reading The Changing World Order these days. Soon getting ready to burn my chest with weighted Push Ups. Lovely Saturday. ๐ช๐ฆ
I ordered a list of new books today. Reading is a great way to spend time. Business owners should encourage employees to read books. There is so much interesting literature out there. So many fascinating and knowledgeable people sharing wisdom and stories. If I'm not dying by the blade, I'll for sure die reading a page. ๐ฝ
Security, privacy and decentralisation. Open ledger. Hidden IP addresses. Decentralized identity. Open source. Collaboration, transparency, and security auditing. The future looks bright.
So, this one came today. Been waiting for it a while now. Eager to dive into the writings of Lyn and not just listen to her on different podcasts. #brokenmoney #bookworm #ittickles