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#60 - Crypto Regulation in the EU w/ Patrick Hansen

Law of Code

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Mika and TFR - What Are the Controversies?

The two most contentious issues regarding my Mika and TFR were relating to proof of work. There is no mandatory KYC now for transactions to non-custodial wallets. It's still not 100% clear if NFTs that are part of a collection or serious are really deemed to be NFTs under the EU Commission definition. The regulation of stablecoins, I would say, quite strict and introduces some requirements where we really have to make sure that the technical and specification of those requirements don't stifle the stablecoin market in the EU.

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