Is Bitcoin Self-Custody Under Threat in Europe?
Briefly

"The upcoming European regulations under MiCA and TFR threaten to complicate self-custody for Bitcoin users, making it harder to secure their financial autonomy."
"The proposed 'Satoshi Test' creates a paradox for new users: they need Bitcoin to verify ownership, but cannot obtain it without already having Bitcoin to begin with."
"Exchanges are exploring alternatives to the Satoshi Test that comply with new regulations while preserving the privacy of users, such as using WalletConnect for cryptographic proof."
"These regulatory changes risk steering new adopters toward custodial solutions, which undermine the fundamental ethos of Bitcoin's decentralization and financial sovereignty."
Read at Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
[
|
]