Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: sirty143 on November 28, 2023, 07:14:30 AM

Title: European Banking Authority Launches New Consultation on Crypto Travel Rule
Post by: sirty143 on November 28, 2023, 07:14:30 AM

European Banking Authority Launches New Consultation on Crypto Travel Rule

(https://i.imgur.com/xazMQpIm.jpg)

The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto... See more for yourself here (https://news.bitcoin.com/european-banking-authority-launches-new-consultation-on-crypto-travel-rule/).

Your opinion is greatly appreciated.

Title: Re: European Banking Authority Launches New Consultation on Crypto Travel Rule
Post by: Tribalchief on December 19, 2023, 09:45:51 AM

Quote from: sirty143 on November 28, 2023, 07:14:30 AM

The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto... See more for yourself here (https://news.bitcoin.com/european-banking-authority-launches-new-consultation-on-crypto-travel-rule/).

Your opinion is greatly appreciated.

It's disheartening to witness the diminishing essence of decentralization in the crypto space. While I understand the pursuit of security, it's noticeable that centralized entities now dominate every aspect, from exchanges to wallets. Restarting the crypto process seems appealing, especially when strict regulations from top officials threaten the community's freedom.