A new report from the Open Dialogue Foundation details what’s coming down the pike regarding regulation around non-custodial Bitcoin and crypto wallets in the European Union, and the organization can use your help as it pushes back against unfavorable proposals.
The EU is set to release draft legislation which would hinder the bitcoin mining industry while encouraging the use of proof-of-stake based cryptocurrencies.
The former Member of the European Parliament drew parallels between leading a “political insurgency” with Brexit and the opposition Bitcoin experiences today.
The proposed measures would crack down on bitcoin and cryptocurrency transfers between self-hosted wallets and require firms to identify sender and receiver.