Tag: Unhosted

R.I.P. Unhosted Wallet Rule

R.I.P. Unhosted Wallet Rule

In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from [...]
HM Treasury changes course on collecting data around unhosted crypto wallets

HM Treasury changes course on collecting data around unhosted crypto wallets

The government of the United Kingdom said it intends to modify a proposal that would have required crypto firms to collect personal data from individu [...]
UK Government Backtracks on Unhosted Wallet Data Collection Proposal

UK Government Backtracks on Unhosted Wallet Data Collection Proposal

Had it been implemented as proposed, the rule would have required the sender of any transaction between unhosted wallets to collect know-your-customer [...]
Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows

Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows

“The only way that we can stop illicit actors from operating … [is] in partnership with investors and with innovators,” Adeyemo said, vowing to ensure [...]
‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4

‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4

The European Parliament continued to keep crypto users and advocates at the edge of their seats last week as yet another piece of potentially harmful [...]
Crypto industry fires back after EU vote to block ‘unhosted’ wallets

Crypto industry fires back after EU vote to block ‘unhosted’ wallets

The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC [...]
EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns

EU Parliament can outlaw transacting with ‘unhosted’ wallets, crypto advocate warns

Less than a week after a potential ban on Proof-of-Work (PoW) digital assets was dropped from the EU’s prospective MiCA framework, a new threat to the [...]
US Bill Seeks to Protect Unhosted Crypto Wallets From Regulators

US Bill Seeks to Protect Unhosted Crypto Wallets From Regulators

Congressman Warren Davidson (R-OH), a member of the Blockchain Caucus, introduced the bill. www.coindesk.com [...]
The Unhosted Crypto Wallet Rule Is Back

The Unhosted Crypto Wallet Rule Is Back

A controversial proposed rule that would enforce know-your-customer rules on unhosted or self-hosted crypto wallets may again be under consideration b [...]
Authorities want to shut the hole on unhosted wallets

Authorities want to shut the hole on unhosted wallets

Unhosted wallets have began to draw growing consideration from regulators, with FinCEN and the FATF searc [...]
DC Choose Calls Unhosted Pockets ‘Horror Story’ a ‘Fiction’

DC Choose Calls Unhosted Pockets ‘Horror Story’ a ‘Fiction’

Federal Justice of the Peace Choose Zia M. Faruqui has discovered to cease worrying and love unhosted wallets.“The horror story of unhosted wallets [...]
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