🇪🇺 EU Cracks Down on Anonymous Crypto Transactions! 🚫

The European Union has enacted a ban on cryptocurrency transactions from unidentified self-custody wallets. This move is part of new Anti-Money Laundering (AML) regulations designed to enhance transparency and combat illicit activities.

Patrick Breyer, a member of the European Parliament from the Deutsch Piraten Partei, shared that the majority of the EU Parliament’s lead commission backed this prohibition on March 19.

Stay informed and ensure your crypto transactions meet the latest regulatory requirements!

#EURegulations
#CryptoCompliance #AML #SelfCustody #Binance
$BTC
$ETH
$BNB

Bitcoin Reserves on Centralized Exchanges Hit 3-Year Low – Here's Why It Matters

Bitcoin reserves on centralized exchanges (CEXs) have been dropping week after week, now reaching their lowest levels in over three years. This trend is more than just a bullish indicator for Bitcoin's price in fiat currencies – it’s a sign that more people are waking up to the dangers of leaving their Bitcoin in the hands of third parties.

When you let centralized platforms control your private keys, you’re handing over your power. The true spirit of the Bitcoin revolution is self-sovereignty. Owning Bitcoin is like casting a vote for a more fair and decentralized system. But if you allow someone else to hold your keys, you’re giving up that power to take control of your own financial future.

Remember, "Not your keys, not your Bitcoin." Take control, secure your assets, and be a part of the movement toward a better financial system.

#Bitcoin #Decentralization #SelfCustody #CryptoRevolution" #NotYourKeysNotYourBitcoin

🔥🔥 Recap of how stupidly bullish this past week's regulatory developments have been for crypto:

Trump Embraces Crypto: Trump vows to fight Warren’s anti-crypto army and goes all-in for cryptocurrency.

Crypto in 2024 Race: The political focus will shifts to crypto in the upcoming 2024 U.S. Presidential race due to pressure from sector leaders and grassroots organizations.

ETH Spot ETFs Approved: SEC approves 8 ETH spot ETF applications.

Trump’s Crypto Army: Trump announces the formation of a Bitcoin and crypto army to challenge Biden.

Biden’s Crypto Fundraising: Biden campaign intensifies crypto fundraising efforts in response to Trump’s success.

iden Seeks Meme Manager: Biden’s reelection campaign posts a job opening for a “manager of memes” to attract pro-crypto voters.

FIT21 Act: Biden announces he will not veto the House’s FIT21 Crypto Market Structure Act if passed.

FIT21 Bill Passes: The #FIT21 Bill passes in the House with overwhelming support as 71 Democrats join Republicans.

CBDC Ban: House passes a bill banning the Federal Reserve from creating a Central Bank Digital Currency (CBDC).

Push for More ETFs: House members send a bipartisan letter to SEC Chair Gary Gensler urging the approval of more digital asset ETFs.

Trump Pushback Against Warren & CBDCs: Donald #Trump vows to stop Elizabeth Warren and her criminal co-workers from touching people's #Bitcoin and vows to never allow CBDCs.

What you think? Isnt this insanely good news?
I love it!
Web3 Wallets will become so powerful! #SelfCustody is the next narrative! I'm so glad that Bonuz is fully self-custodial! Let's go!!!

Stay Updated with @Professor Mende - Bonuz Ecosystem Founder

#narrative

*🚨⚠️🚨Michael Saylor's Bitcoin Custody U-Turn 🚨*
$BNB $BTC 🌏⤴️🪙


*Reversal of Stance*

Michael Saylor, MicroStrategy founder, shifts stance on Bitcoin custody after backlash 🤯
Initially endorsed institutional storage, sparking outrage among crypto enthusiasts 😤
Now supports self-custody, emphasizing individual freedom and choice 🙌

*Criticism and Backlash*

- Ethereum co-founder Vitalik Buterin labels Saylor's comments "batshit insane" 🤯
- Dash marketer Joel Valenzuela calls revised stance "capitulation" 👀
- Critics accuse Saylor of revealing his "true colors" 🚨

*Saylor's Clarification*

"I support self-custody for those willing & able, the right to self-custody for all, and freedom to choose the form of custody & custodian for individuals & institutions globally" 📝
Emphasizes Bitcoin benefits from diverse investment and participation 🌎

*Mixed Reactions*

- Ledger CEO Pascal Gauthier reaffirms importance of self-custody 🔒
- VanEck adviser Gabor Gurbacs describes Saylor's stance as "common sense" 🤝
- Samson Mow and Max Keiser condemn initial comments as favoring centralized institutions 🚫

*Concerns and Risks*

- Ledger's 2020 data breach highlights self-custody risks 🚨
- Ongoing phishing attacks spark concern 📊

*Conclusion*

Michael Saylor's revised stance on Bitcoin custody sparks mixed reactions. Emphasizing individual freedom and choice, Saylor's shift underscores the ongoing debate on centralized vs. decentralized custody.

#Bitcoin #SelfCustody #CryptocurrencyCulture #MichaelSaylorEffect

📊 Multiple industry experts, including Samson Mow and Leah Wald, highlight that there is no inherent conflict between Bitcoin spot ETFs and self-custody. While spot ETFs provide a convenient way to trade BTC through a brokerage, self-custody involves direct ownership and management of BTC. These options cater to different preferences rather than representing a conflict. 🤝💼 #BitcoinETFs! #SelfCustody