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Home Bitcoin

New EU regulation on withdrawal – Kraken

January 4, 2025
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New EU regulation on withdrawal – Kraken
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I obtained an e-mail few days in the past in regards to the new regulation in EU on transfers and at the moment, when making an attempt to withdraw to chilly storage, I’ve to tell Kraken in regards to the receiving deal with as per picture.

I even have fiscal residency in Italy the place they tax the possession of BTC yearly. Therefore I don't need the gov to know the addresses of my chilly storage. Guess I’ll by no means withdraw from KYC trade anymore. What’s the state of no KYC platforms? Other than excessive charges, there may very well be different drawback like receiving coinjoined BTC and get tracked sats coming from felony actions?

I'm stacking since 2022 however 12 months after 12 months they’re making it hectic, first improved KYC, then taxes and now they need to hyperlink the Change KYC particulars to chilly pockets addresses. I'm considering to cease it and simply stack MSTR.

How are you guys dealing with new laws?

submitted by /u/Abrraxas [comments]



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