Crypto Industry Fights Back Against EU ‘Unhosted Wallet’ Propaganda

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Crypto Industry Fights Back Against EU ‘Unhosted Wallet’ Propaganda

 
The global crypto industry is increasingly fighting back in response to regulatory proposals they consider harmful to the sector’s future development. 
Following the unsuccessful campaign by some European Parliament (EP) members to ban proof-of-work (PoW) consensus protocol-powered cryptoassets, the crypto industry is now targeting a potential crackdown on so-called “unhosted wallets” in the European Union’s forthcoming Transfer of Funds Regulation (TFR)….
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