I saw a post on Instagram the other day and am quoting the content here. What do you think?
What about $BTC (-1,11 %) on a hardware wallet? That can't be controlled, can it?
Quote:
In the EU, the MiCa regulation will come into force on December 31, 2024.
Here are 3 things that will change:
- Exchanges must verify that you are the owner of the wallet you are sending BTC to when making withdrawals.
- For deposits on exchanges, you must be able to prove where your BTC came from (when and where purchased).
- Stablecoin providers require a license and must be covered 1:1 at all times.