{"type":"rich","version":"1.0","title":"L0laL33tz wrote","author_name":"L0laL33tz (npub1mz…q6mak)","author_url":"https://yabu.me/npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6mak","provider_name":"njump","provider_url":"https://yabu.me","html":"Wake up motherfuckers, if you thought it couldnt get any worse, it just did:\n\nGoogle Play Store is banning all non-custodial wallets whose developers do not have a FinCEN registration, state banking license, or MiCA license.\n\nThis means that in the US, *all* non-custodial wallets on the Play Store will have to employ AML/KYC.\n\nSounds bad? In the EU, it’s even worse: \n\nMiCA licenses are not issued to services as simple as non-custodial wallets, effectively banning non-custodial wallet developers from the Play Store in the EU.\n\nAs with all dumb AML ideas, it’s of course the FATF that opened the door to this nonsense, claiming that even non-custodial/decentralized software could have some element of control over funds.\n\nThe DOJ tried to enforce this quagmire with Samourai and Tornado Cash, and now we’re seeing the largest App Store in the world enforce it on its own.\n\nAfter regulation by prosecution, here comes regulation by monopoly\n\nAre you tired of winning yet?\n\nnostr:note1dkrcd6n2za8mswtr3fs8g2ncz688v38putrq595q7w8yxpt3zpusgmhjdj"}