The European Union vs. Self-Hosted Crypto Wallets

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <em><span style= "font-weight: 400;">Nexo.io</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.amazon.com/stores/page/4916F3EC-38E9-4873-9427-0A1375D7D96F"> <em><span style="font-weight: 400;">Arculus</span></em></a> <em><span style="font-weight: 400;">and</span></em> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p> </p> <p><span style="font-weight: 400;">The EU Parliament today voted to advance new anti-money laundering (AML) rules that would require European crypto asset service providers to collect and verify information about the beneficial owners of all self-hosted (or “unhosted,” to use their terms) wallet owners. The crypto industry sees this as a fundamental threat to decentralized finance (DeFi) and many other parts of the industry. NLW explains sentiment on both sides and what happens from here. </span></p> <p> </p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><em><span style="font-weight: 400;">Take your crypto to the next level with</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <strong><em>Nexo</em></strong></a><em><span style= "font-weight: 400;">. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at</span></em> <a href= "https://nexo.io/?utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_mar22"> <em><span style="font-weight: 400;">nexo.io</span></em></a> <em><span style="font-weight: 400;">to receive up to a $100 welcome bonus. Valid through March 31.</span></em></p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://www.amazon.com/stores/page/4916F3EC