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Dusk Profile picture
Dusk
@DuskFoundation
Institutional-Grade L1 Blockchain for Regulated Finance. Bringing #RWAs Onchain, at Scale. Powered by $DUSK
Mar 30, 2022 • 6 tweets • 3 min read
🚨 The threat of over regulation in Europe 🚨

Although a few weeks ago we were still applauding the European Union after their decision not to ban Proof of Work, today we raise our concerns for a revision of the Transfer of Funds Regulation.

1/6 The proposed changes would basically mean the end of unhosted wallets, meaning wallets owned and operated by consumers themselves, for example those offered by the popular MetaMask, Ledger and many others.

2/6