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New EU regulation on withdrawal - Kraken

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New EU regulation on withdrawal - Kraken

I received an e-mail few days ago about the new regulation in EU on transfers and today, when trying to withdraw to cold storage, I have to inform Kraken about the receiving address as per image.

I also have fiscal residency in Italy where they tax the possession of BTC annually. Hence I don't want the gov to know the addresses of my cold storage. Guess I will never withdraw from KYC exchange anymore. What is the state of no KYC platforms? Apart from high fees, there could be other problem like receiving coinjoined BTC and get tracked sats coming from criminal activities?

I'm stacking since 2022 but year after year they are making it stressful, first improved KYC, then taxes and now they want to link the Exchange KYC details to cold wallet addresses. I'm thinking to stop it and just stack MSTR.

How are you guys coping with new regulations?

https://preview.redd.it/i9kux5bpfrae1.jpg?631&format=pjpg&auto=webp&s=e4cddcadbbd29ec78ff8243b7a63d80ae687e8fb

submitted by /u/Abrraxas
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