100 sats \ 3 replies \ @om 30 Jun 2022 \ parent \ on: The EU has reached a deal on the TFR (AML rules) (P2P excuded, verification needed only when transfer > 1000€ from exchange to priv. wallet) bitcoin
The press release says:
Apparently for EU p2p happens when there's no provider. That would just be crypto meetups, I guess?
You are still going to use LN or BTC to transact. Arent a hop along your route a provider? arent the miners that include your transaction if its on.chain a provider?
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OK, I've found the following in the Article 3 of a MiCA draft:
(8) ‘crypto-asset service provider’ means any person whose occupation or business is the provision of one or more crypto-asset services to third parties on a professional basis; (9) ‘crypto-asset service’ means any of the services and activities listed below relating to any crypto-asset: (a) the custody and administration of crypto-assets on behalf of third parties; (b) the operation of a trading platform for crypto-assets; (c) the exchange of crypto-assets for fiat currency that is legal tender; (d) the exchange of crypto-assets for other crypto-assets; (e) the execution of orders for crypto-assets on behalf of third parties; (f) placing of crypto-assets; (g) the reception and transmission of orders for crypto-assets on behalf of third parties (h) providing advice on crypto-assets;
and they further define what all of that means.
Based on this, I believe that neither miners nor LN nodes are CASPs. However, LN nodes that offer swaps between Taro tokens and plain sats are definitely CASPs.
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That sounds bad.
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