Topic: Self-storing cryptocurrencies (Read 58 times)
Yes I don't think the European legislation mentioned will target and sanction individuals, AFAIK it's mainly focused on companies and platforms using cryptocurrencies. So european citizens are still allowed to use non-custodial wallets and make transactions with them up to now, but platforms won't be allowed to accept them anymore if the wallets/addresses are not fully verified or identified.
It is not possible to restrict citizens from storing cryptocurrencies on non-custodial wallets, but problems can arise when you want to sell cryptocurrency on centralised services.
And if you want to store cryptocurrency, use a cold wallet and no one will know about it.
And if you want to store cryptocurrency, use a cold wallet and no one will know about it.
I have never know any single country restrict their citizen to hold cryptocurrency in non custodial wallet, except countries who ban cryptocurrency.
But, I found that EU and Brazil are eyeing to restrict people from using non custodial wallet, Brazil consider to ban stable coins from non custodial wallet, while EU bans unverified self hosted crypto wallets and it's expected it will be implemented within 3 years since 2024.
But, I found that EU and Brazil are eyeing to restrict people from using non custodial wallet, Brazil consider to ban stable coins from non custodial wallet, while EU bans unverified self hosted crypto wallets and it's expected it will be implemented within 3 years since 2024.
As of 2025, which countries outlawed or restricted self-storing cryptocurrencies by citizens?
Jump to: