03-30-2022, 03:33 AM
Important EU vote coming this thursday, for all citizens of the world
<!-- SC_OFF --><div class="md"><p>While everybody is cheering at recent price increase and counting chips, an important vote is coming this thursday at EU parliement. This vote will basicaly determine if EU will enforce identification and regulation of every non-custodial wallets such as Metamask, software wallet, Trezor, Ledger etc. This could lead to exchanges refusing to transfer in or transfer out to wallets, making cryptos very centralized and easily controllable by government and their regulators.</p> <p>Every transaction over 1000 EUR is subject to verification, it might even be lowered to 0 EUR, meaning all transactions would have to be verified/authorized by designated authorities.</p> <p>This is a huge drawback and will put Europe citizens behind others. This could also become a worldwide policy, giving extra powers to the originators of this request: the US FATF Travel Rule. Instead of taking sovereignety, Europe is following uncle Sam steps again.</p> <p>Imagine how easy it will be for them in the future to blacklist any wallet for not complying to a new model, for participating in a or a convoy for freedom, for raising a concern on twitter, for consuming too much fossile fuel this month, for not contributing financially to Ukraine war etc...</p> <p>What is the FATF Travel Rule?</p> <p><a href="https://sumsub.com/blog/what-is-the-fatf-travel-rule/">https://sumsub.com/blog/what-is-the-fatf-travel-rule/</a></p> <p>This regulation is the equivalent of total control on cash and its planned disappearance.</p> <p>This is plain totalitarism disguised under anti money laudering.</p> <p>The vote is this thursday, we have to act NOW !</p> <p>How to act? By contacting by phone or emails our representants, see list of emails below in my first comment. If you don't know what to write, simply state your strong disapproval of such a vote. I won't paste a model to be sent as I don't want us to look like bots spamming.</p> <p>Anonymized twitter link:</p> <p><a href="https://nitter.net/paddi_hansen/status/1507741879563132928">https://nitter.net/paddi_hansen/status/1507741879563132928</a></p> <p>Original twitter thread:</p> <p><a href="https://mobile.twitter.com/paddi_hansen/status/1507741879563132928">https://mobile.twitter.com/paddi_hansen/status/1507741879563132928</a></p> <p>The proposition:</p> <p><a href="https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf">https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mammoth_Arrival7234"> /u/Mammoth_Arrival7234 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tr0urv/important_eu_vote_coming_this_thursday_for_all/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tr0urv/important_eu_vote_coming_this_thursday_for_all/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>While everybody is cheering at recent price increase and counting chips, an important vote is coming this thursday at EU parliement. This vote will basicaly determine if EU will enforce identification and regulation of every non-custodial wallets such as Metamask, software wallet, Trezor, Ledger etc. This could lead to exchanges refusing to transfer in or transfer out to wallets, making cryptos very centralized and easily controllable by government and their regulators.</p> <p>Every transaction over 1000 EUR is subject to verification, it might even be lowered to 0 EUR, meaning all transactions would have to be verified/authorized by designated authorities.</p> <p>This is a huge drawback and will put Europe citizens behind others. This could also become a worldwide policy, giving extra powers to the originators of this request: the US FATF Travel Rule. Instead of taking sovereignety, Europe is following uncle Sam steps again.</p> <p>Imagine how easy it will be for them in the future to blacklist any wallet for not complying to a new model, for participating in a or a convoy for freedom, for raising a concern on twitter, for consuming too much fossile fuel this month, for not contributing financially to Ukraine war etc...</p> <p>What is the FATF Travel Rule?</p> <p><a href="https://sumsub.com/blog/what-is-the-fatf-travel-rule/">https://sumsub.com/blog/what-is-the-fatf-travel-rule/</a></p> <p>This regulation is the equivalent of total control on cash and its planned disappearance.</p> <p>This is plain totalitarism disguised under anti money laudering.</p> <p>The vote is this thursday, we have to act NOW !</p> <p>How to act? By contacting by phone or emails our representants, see list of emails below in my first comment. If you don't know what to write, simply state your strong disapproval of such a vote. I won't paste a model to be sent as I don't want us to look like bots spamming.</p> <p>Anonymized twitter link:</p> <p><a href="https://nitter.net/paddi_hansen/status/1507741879563132928">https://nitter.net/paddi_hansen/status/1507741879563132928</a></p> <p>Original twitter thread:</p> <p><a href="https://mobile.twitter.com/paddi_hansen/status/1507741879563132928">https://mobile.twitter.com/paddi_hansen/status/1507741879563132928</a></p> <p>The proposition:</p> <p><a href="https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf">https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mammoth_Arrival7234"> /u/Mammoth_Arrival7234 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tr0urv/important_eu_vote_coming_this_thursday_for_all/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tr0urv/important_eu_vote_coming_this_thursday_for_all/">[comments]</a></span>Kind Regards R