🚨 New EU Rules for Crypto Transfers Over €1,000
Starting December 30, sending or receiving over €1,000 to/from a non-custodial wallet will require proof of ownership. 😳
Example: Moving BTC to your Trust Wallet? If it’s over €1,000, you’ll need to prove the wallet is yours. 🧐
Kraken has notified users, but it seems this rule will apply across other exchanges too. The goal? Ensuring wallets are tied to their owners—likely for easier tax tracking. 😬
🤑 Crypto Community
Starting December 30, sending or receiving over €1,000 to/from a non-custodial wallet will require proof of ownership. 😳
Example: Moving BTC to your Trust Wallet? If it’s over €1,000, you’ll need to prove the wallet is yours. 🧐
Kraken has notified users, but it seems this rule will apply across other exchanges too. The goal? Ensuring wallets are tied to their owners—likely for easier tax tracking. 😬
🤑 Crypto Community