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Navigating Non-Custodial Wallet Regulations
This chapter examines the regulatory challenges faced by non-custodial wallets in relation to AML and CTF measures, arguing against the narrative that they heavily facilitate illicit activities. It discusses upcoming regulatory proposals that could impact privacy and individual autonomy, while also drawing comparisons to historical legislation. The chapter raises concerns about government overreach and the potential for increased authoritarianism in response to emerging technologies like Bitcoin.