Bitcoin

<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/df38d25aa5f240c2a8e26d121c7ea6e3.png">2020 and its 3 years ago. People dont pay attention enough, because of euphoria in 2021. And next 2 years is downtrend so crowd always have a short memory. Its not a fud, its new reality. Cuz everytime when i posts about "decentralization" many of crypto "bro" start talk shit Bitcoin will change everything. Bitcoin created by HUMANS not aliens.The Crypto Travel Rule issued by the International Financial Action Task Force (FATF) requires Virtual Asset Service Providers (VASPs) to disclose information about parties involved in transactions greater than $1,000. from 1 Sep 2023In other words, from September 1, you will not be able to transfer, for example, from your exchange account any cryptocurrency whose market price exceeds $1,000 to an offline or anonymous wallet. The exchange must know exactly to whom you are transferring the crypto. The recipient needs to go through the full KYC procedure, provide their passport details, tax number and confirm the ownership of the wallet to which the cryptocurrency is transferred in the amount of more than $1000. otherwise, your crypto exchange or exchange will simply not release this payment.If you think that this will not affect you, then in vain. Until now, you have been able to safely withdraw your cryptocurrency to any wallets, not really worrying if this wallet or its owner has KYC, but from September 1, it will be impossible to do this.Moreover, your favorite exchange Binance has already proudly reported that it has fully implemented the Travel Rule on its platform. What is the corresponding announcement on the official website of the exchange.Thus, if you transferred funds to the exchange, traded, made your usual X as usual and are just going to withdraw the crypt to your Trezor, then from September 1 you can withdraw no more than $1000. And it does not matter that while we are talking about companies operating in the UK and 33 more countriesGoogle more info "Travel Rule FATF" and MICA youll be impress

Travel Rules

crypto4light

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