HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
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Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets.
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs.
Crypto industry fires back after EU vote to block ‘unhosted’ wallets
"Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong.