EU New Regulation Draft: Bitcoin is too convenient, so it might be illegal?

The European Data Protection Board (EDPB) has made headlines with its new draft guidelines: it could directly label Bitcoin as 'illegal' within the EU!

Why? The core logic is both amusing and frustrating: Bitcoin transactions cannot be fully monitored by the government like bank transfers (for example, who transfers to whom, and why), which violates the EU's strict data protection laws (GDPR). It feels like saying, 'Your home security door is too sturdy, so we should tear it down?'

To illustrate: A young man from Germany wants to buy a gift for his girlfriend in Spain using Bitcoin. According to this draft, this cross-border transfer itself could be illegal! The young man could be fined, the girlfriend might not receive her gift, and the merchant would be left empty-handed... The freedom and censorship resistance that Bitcoin boasts becomes 'original sin' in the eyes of regulators? This logic is truly baffling!

Is the EU really going to ban Bitcoin? Or will the draft undergo major changes? This concerns all holders! Want to know the fate of Bitcoin in Europe as soon as possible? Will other coins (especially privacy coins) be in even greater danger?

What should we prepare in advance? Hurry up and follow me! I will break down the latest developments as soon as they happen, helping you see through the policies and become an informed participant in the crypto space! Don't wait until the shoe drops to regret not following along! $BTC #欧盟 #加密市场回调