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'Don't Be Lulled' as European Commission Mulls a Crypto KYC Trap While the European Commission (EC) says it is not targeting non-custodial crypto wallets, their new set of legislative proposals would still affect such users and the whole nascent sector. Niklas Schmidt, a lawyer and partner with the Austrian law firm Wolf Theiss, told Cryptonews.com that "in the context of an overhaul of the EU's anti-money laundering rules, the
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