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What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different. by vikisecrets

View this thread on: hive.blogpeakd.comecency.com
· @vikisecrets · (edited)
$27.55
What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different.
Ab morgen tritt die umstrittene EU-Regulierung MiCA für die Krypto-Branche in Kraft.

Selbst-gehostete Wallets müssen ab morgen "verifiziert" (KYC-registriert), de-anonymisiert werden.

Das klingt nach extrem viel Bürokratie. Frage mich, wie das bei Börsen umgesetzt wird. Muss man vor jeder Überweisung von einer Wallet diese verifizieren oder reicht es bei einer Überweisung zu deklarieren, dass einem die Wallet gehört? Wie funktioniert das bei Überweisungen zwischen Börsen? Wird das in Zukunft überhaupt noch möglich sein?

Auch ohne MiCA-Regulierung müssen Krypto-Börsen und Banken in der EU bereits Anti-Geldwäsche und Mittelherkunft-Überprüfungen auch bei Krypto-Assets durchführen. Mit MiCA wird aber alles noch komplizierter und bürokratischer. Bei Krypto-Transaktionen unter 1000 soll aber die "Verfifikation" durch Selbstdeklartation vereinfacht sein.

Und noch eine Änderung kommt mit MiCA. Algorithmische Stablecoins wie Hive Doller (HBD), Tether und nicht EU-geprüfte Stablecoins werden als "unautorisierte Stablecoins" in der EU nicht mehr handelbar sein.

Vor allem das Aus für Tether könnte ein großes Problem für EU-Krypto-User werden, da USDT der beliebteste Stablecoin weltweit ist.

Insgesamt wird die EU mit zunehmender restriktiver Regulierung immer unattraktiver für die Krypto-Branche werden und könnte so den Anschluss im wichtigen FinTech-Sektor verlieren.

Was sagt ihr dazu?

## MiCA Regulation will come into force by December 30th 2024

https://img.inleo.io/DQmUfq8bk87on5nsxgciq3h334Z28DN2xwC5CNT5s4uvvyq/image.png 

https://x.com/AlekseyGalan/status/1872635334066115025

https://x.com/ferenckovacs/status/1873278442600325235

https://x.com/BTC_24_7/status/1872924482425467080

https://x.com/edward_farina/status/1871709910121243045

## English

From tomorrow, the controversial regulation MiCA comes into force for the crypto industry in the EU.

Self-hosted wallets must be “verified” (KYC-registered) and de-anonymized starting tomorrow.

That sounds like a lot of bureaucracy. I wonder how this will be implemented by exchanges. Do you have to verify a wallet before every transfer or is it enough to declare that you own the wallet when making a transfer? How does this work for transfers between exchanges? Will this still be possible in the future at all?

Even without MiCA regulation, exchanges and banks in the EU already have to carry out anti-money laundering and origin of funds checks for crypto-assets. With MiCA, however, everything will become even more complicated and bureaucratic. For crypto transactions under 1000 Euro, however, “verification” will be simplified through self-declaration.

And there is another change coming with MiCA. Algorithmic stablecoins such as Hive Doller (HBD), Tether and non-EU-verified stablecoins will no longer be tradable in the EU and will be labeled as “unauthorized stablecoins”.

The end of Tether in particular could be a major problem for EU crypto users, as USDT is the most popular stablecoin worldwide.

Overall, the EU will become increasingly unattractive for the crypto sector with increasingly restrictive regulation and could thus lose its position in the important FinTech sector.

What do you think?

Posted Using [InLeo Alpha](https://inleo.io/@vikisecrets/whats-new-in-2025-new-controversial-eu-mica-regulation-will-come-into-force-selfhosted-wallets-need-to-be-verified-kyced-in-the-eu-tether-and-other-stablecoins-like-hbd-are-going-to-be-banned-in-the-eu-financial-freedom-looks-different-csp)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 280 others
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@apshamilton ·
$0.18
The US & Israel innovate. China emulates and the EU regulates.

No wonder EU GDP growth is so far behind the US.
👍  
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@bbhbot ·
<center><p>@vikisecrets! <b>@tsnaks likes your content!</b> so I just sent 1 <b>BBH</b> to your account on behalf of @tsnaks. <sub>(4/20)</sub></p>
<p><!--<img src="https://i.imgur.com/QwsegY0.png">--></p></center>
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@bbhbot ·
<center><p>@vikisecrets! <b>@thehockeyfan-at likes your content!</b> so I just sent 1 <b>BBH</b> to your account on behalf of @thehockeyfan-at. <sub>(1/1)</sub></p>
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@borsengelaber ·
$0.14
Wir werden sehen. Tether arbeitet wohl an einem MiCA konformen EUR Stable coin. 
👍  ,
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vote details (2)
@vikisecrets ·
$0.08
Bin gespannt, ein Euro-basierter Tether-Stablecoin wäre auch praktisch. Denke, EU möchte Konkurrenz zum Digitalen Euro unterbinden.
👍  , ,
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@bpcvoter3 ·
> ### Hey there, the Bilpcoin team just wanted to give you a virtual high-five we manually curated this post. 

<a href="https://imgflip.com/i/9ezd9g"><img src="https://i.imgflip.com/9ezd9g.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div>

[Their attempts to intimidate and silence their critics are equally concerning. The use of downvotes as a means of censorship is a clear indication of their desperation to maintain their grip on the narrative. But it's not working](https://hive.blog/hive-165962/@bpcvoter1/their-attempts-to-intimidate-and-silence-their-critics-are-equally-concerning-the-use-of-downvotes-as-a-means-of-censorship-is-a)

https://hive.blog/hive-167922/@themarkymark/re-bpcvoter3-sp2q9h

WE EXPOSED A SUPER FARM ON HIVE

[Super farm https://peakd.com/@memesandstuff/wallet spam scam accounts](https://hive.blog/hive-167922/@bpcvoter3/super-farm-https-peakd-com-memesandstuff-wallet-spam-scam-accounts)
WE EXPOSED A SUPER FARM ON HIVE

[Super farm https://peakd.com/@memesandstuff/wallet spam scam accounts](https://hive.blog/hive-167922/@bpcvoter3/super-farm-https-peakd-com-memesandstuff-wallet-spam-scam-accounts)


>**Earn BPC on all your posts!** Simply add #Bilpcoin or #BPC to your post, and you'll be eligible to earn BPC. Just don't forget to post your own content and avoid self-voting. !MEME !PGM !LOLZ

[we are excited to announce our ambitious endeavor to create the largest curation trail on Hive and, by extension, the world LOL](https://hive.blog/hive-167922/@bpcvoter1/we-are-excited-to-announce-our-ambitious-endeavor-to-create-the-largest-curation-trail-on-hive-and-by-extension-the-world-lol)

https://hive.blog/hive-140217/@themarkymark/re-bpcvoter1-sp87n1

[themarkymark (80)in LeoFinance 18 hours ago You are the abuse on Hive  hive.blog/hive-167922/@themarkymark/re-bpcvoter3-smp740 LOL  TRANSACTIONS DON'T LIE PEOPLE DO PEOPLE LIKE YOU DO    Curation reward for BUILDAWHALE COMMENT FARM buildawhale51.108 HP](https://hive.blog/hive-167922/@bpcvoter3/themarkymark-80-in-leofinance-18-hours-ago-you-are-the-abuse-on-hive-hive-blog-hive-167922-themarkymark-re-bpcvoter3-smp740-lol)

https://hive.blog/@kevm/comments 

https://hive.blog/@kcgm/comments
👎  
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vote details (1)
@condeas ·
$0.28
Ja, es wird spannend :-)
Aber selbstgehostete Wallets, kann selbst die EU nicht verbieten. Natürlich ist es dann schwieriger aber über P2P immer noch möglich.
Außerdem glaube ich, dass HBD nicht unter die Verbotsliste fällt, da er nicht über eine FIAT Währung abgesichert wird, sondern in Form von virtuellen Hive über die Hiveblockchain, welche man über den Blockexplorer leicht überprüfen kann.
Im Grunde sind HBD eigentlich Hive, welcher den Wert von einer ganz bestimmten Anzahl Hive, in USD wiederspiegelt.

👍  , , ,
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vote details (4)
@vikisecrets ·
$0.02
Befürchte, dass HBD als algorithmischer Stablecoin nicht mehr an Kryptobörsen in der EU getradet werden darf. Nur noch Stablecoins mit 1:1 Fiat Deckung, die EU-geprüft sind dürfen gehandelt werden.
👍  ,
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vote details (2)
@davideownzall ·
$0.12
Well anyways to deposit on your bank account you need kyc with binance and similar so doesn't really change anything... Bitrefill is the way

!PIZZA 
👍  
👎  
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@manclar ·
completely agree with you. Bitrefill for everyone, it is the best way to pay for most things! (netflix, smarthphone bills, giftcards, xbox, playstation, etc)
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@davideownzall ·
Exactly, get your gift cards there, use v4vapp and you are good to go 
👎  
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vote details (1)
@felix.herrmann ·
$0.12
HBD nutze ich sowieso nur hier auf der plattform. Wird ja ab 01.01.2025 auch weiterhin nutzbar sein, oder?
👍  
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vote details (1)
@vikisecrets ·
$0.02
yep, dezentral und p2p ist es natürlich weiter nutzbar, aber nicht mehr auf Börsen in der EU handelbar.
👍  ,
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permlinkre-felixherrmann-spa18e
categoryhive-167922
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created2024-12-29 22:31:27
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (2)
@foxkat ·
I really hope they don't ban stablecoins, they are so nice and comfortable to use.
properties (22)
authorfoxkat
permlinkre-vikisecrets-spastm
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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@hatdogsensei ·
That is something big that may affect a lot of users
👎  
properties (23)
authorhatdogsensei
permlinkspb1cw
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2024-12-30 11:31:48
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author_reputation90,978,490,152,586
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (1)
@hivebuzz ·
Congratulations @vikisecrets! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x60/https://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@vikisecrets) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out our last posts:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pud-202501"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202501">Hive Power Up Day - January 1st 2025</a></td></tr><tr><td><a href="/hive-139531/@hivebuzz/proposal-2526"><img src="https://images.hive.blog/64x128/https://files.peakd.com/file/peakd-hive/hivebuzz/EogLPkRSg5NYTkFS9Ag4b5zuvMUBFz3bMuAZLgyMVNx5BpuhTFkxzoYzEKV5yVSqZ6t.png"></a></td><td><a href="/hive-139531/@hivebuzz/proposal-2526">The Hive Gamification Proposal - Renewal</a></td></tr></table>
properties (22)
authorhivebuzz
permlinknotify-1735534243
categoryhive-167922
json_metadata{"image":["https://hivebuzz.me/notify.t6.png"]}
created2024-12-30 04:50:42
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depth1
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total_payout_value0.000 HBD
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author_reputation370,573,279,628,706
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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@jaki01 ·
$0.35
> Ab morgen tritt die umstrittene EU-Regulierung MiCA für die Krypto-Branche in Kraft.

<em>Noch</em> ein guter Grund mehr für mich, mit den Füßen abgestimmt zu haben, wo ich lieber leben will.
👍  ,
properties (23)
authorjaki01
permlinkre-vikisecrets-spc0iu
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
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author_reputation542,975,204,540,398
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (2)
@jfang003 ·
@jfang003 "I think it will hurt the crypto sector but I am no..."
I think it will hurt the crypto sector but I am not surprised. The governments want to make sure that they earn their share of the revenue and they also want information on the users there.
properties (22)
authorjfang003
permlinkre-vikisecrets-3523cefw1
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://inleo.io/threads/view/jfang003/re-vikisecrets-3523cefw1","isPoll":false,"pollOptions":{},"dimensions":[]}
created2024-12-30 06:50:30
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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@kiel91 ·
$0.12
Was genau heißt das jetzt für HBD Holder? 😬
👍  
properties (23)
authorkiel91
permlinkre-vikisecrets-20241229t16412247z
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vote details (1)
@stayoutoftherz · (edited)
Gar nix.
Der interne Markt Hive-HBD ist davon nicht betroffen.
👍  
properties (23)
authorstayoutoftherz
permlinkre-kiel91-sp9lza
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (1)
@kiel91 ·
Naiv wie ich bin, bin ich davon ausgegangen, daß HBD ja sowieso erst in Hive umgewandelt werden muss um es handlebar zu machen? 
properties (22)
authorkiel91
permlinkre-stayoutoftherz-20241229t17830726z
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json_metadata{"type":"comment","tags":["hive-167922"],"app":"ecency/3.2.0-mobile","format":"markdown+html"}
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@vikisecrets ·
$0.05
Man kann HBD nicht mehr direkt an Krypto-Börsen in der EU handeln, sondern muss HBD zuerst in HIVE konvertieren.
👍  , ,
properties (23)
authorvikisecrets
permlinkre-kiel91-sp9ofb
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6"}
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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max_accepted_payout1,000,000.000 HBD
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vote details (3)
@kiel91 ·
$0.12
Okay, damit kann ich leben 🤗 dachte schon das man HBD bald komplett anschreiben kann... 
👍  
properties (23)
authorkiel91
permlinkre-vikisecrets-20241229t1844060z
categoryhive-167922
json_metadata{"type":"comment","tags":["hive-167922"],"app":"ecency/3.2.0-mobile","format":"markdown+html"}
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
beneficiaries[]
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vote details (1)
@kriszrokk ·
$0.10
Die EU wird täglich dämlicher. Völlig daneben die Initiative mit der Verifizierung von non-custodial Wallets. Brüsseler Puppet-show halt ...
👍  ,
properties (23)
authorkriszrokk
permlinkre-vikisecrets-20241230t92822135z
categoryhive-167922
json_metadata{"tags":["mica","eu","regulation","crypto","deutsch","proofofbrain","hive-engine","hive-167922"],"app":"ecency/4.0.2-vision","format":"markdown+html"}
created2024-12-30 07:28:24
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author_reputation40,634,494,496,395
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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vote details (2)
@kungfukid ·
$0.22
this is bad. i hope this is only temporary. 
👍  ,
properties (23)
authorkungfukid
permlinkre-vikisecrets-sp9ykx
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
created2024-12-29 21:34:12
last_update2024-12-29 21:34:12
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (2)
@manclar ·
$0.15
To be honest, I don't think their intentions will succeed, mainly because it goes against the essence of cryptocurrencies: "being anonymous", so anything that involves KYC is not going to succeed, on the contrary, just mentioning this , makes the trend further strengthen anonymity. It has remained this way for years, and will remain so.
👍  ,
properties (23)
authormanclar
permlinkre-vikisecrets-sp9t8p
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
created2024-12-29 19:38:51
last_update2024-12-29 19:38:51
depth1
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total_payout_value0.074 HBD
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (2)
@momins ·
$0.12
HBD will no longer be tradable in the EU!!! This is really bad. The EU can regulate so much that the whole world doesn't.
👍  
properties (23)
authormomins
permlinksp9lao
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created2024-12-29 16:47:15
last_update2024-12-29 16:47:15
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total_payout_value0.058 HBD
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beneficiaries
0.
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vote details (1)
@mundharmonika ·
$0.20
Wo ist das Problem? Es gibt doch genügend Börsen außerhalb der EUdSSR!

!PIZZA !WINE !BEER 
👍  , ,
properties (23)
authormundharmonika
permlinkre-vikisecrets-spb7mq
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
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author_reputation51,511,583,372,642
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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vote details (3)
@redditposh ·
$0.65
https://www.reddit.com/r/Kryptostrassenwetten/comments/1hp0ow5/whats_new_in_2025_new_controversial_eu_mica/
<sub> The rewards earned on this comment will go directly to the people( @blkchn ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.</sub>
👍  , , , ,
properties (23)
authorredditposh
permlinkre-vikisecrets-whats-new-in-2025-new-controversial-eu-mica-regula-1680
categoryhive-167922
json_metadata"{"app":"Poshtoken 0.0.2","payoutToUser":["blkchn"]}"
created2024-12-29 17:19:42
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depth1
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last_payout2025-01-05 17:19:42
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total_payout_value0.000 HBD
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body_length359
author_reputation3,064,390,234,969,175
root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
beneficiaries
0.
accountnomnomnomnom
weight10,000
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author_curate_reward""
vote details (5)
@stayoutoftherz ·
$0.25
Nur noch krank!
Guter Artikel zur EU und Cryptos: https://bitcoinblog.de/2024/12/18/so-wenig-im-eurosystem-wie-moeglich/
👍  , , , ,
properties (23)
authorstayoutoftherz
permlinkre-vikisecrets-sp9m1q
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
created2024-12-29 17:03:30
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depth1
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net_rshares522,376,500,164
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vote details (5)
@thehockeyfan-at ·
Die Regulierung ist eine absolute Katastrophe und ein weiterer Schritt zur kompletten Überwachung. 😠
!BBH
properties (22)
authorthehockeyfan-at
permlinkre-vikisecrets-spamgu
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.12.6","image":[],"users":[]}
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@tsnaks ·
$0.12
I mean . . . it's not the first time they try to ban these things. Hopefully they don't succeed this time either :D

!BBH
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properties (23)
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vote details (2)
@valggav ·
$0.15
I think it won't be so bad. Something is alleviated, something is bypassed, etc.
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properties (23)
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (2)
@yeckingo1 ·
$0.12
I don't think they will be very successful.
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properties (23)
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root_title"What's new in 2025: New controversial EU MiCA regulation will come into force: self-hosted wallets need to be "verified", KYC-ed in the EU. Tether and other stablecoins like HBD are going to be banned in the EU. Financial freedom looks different."
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vote details (1)