EU Crypto Crackdown: Cause for Concern or Fake News?
![EU Crypto Crackdown: Cause for Concern or Fake News? - - 2024 GBTC](https://thewealthmastery.io/wp-content/uploads/2023/11/Wealth-Mastery-1024x536.jpg)
The crypto markets have been choppy as we speed towards the halving next month, but the overall outlook is bullish.
However, uncertainty was stirred by recent reports of self-custody crypto wallets being banned in Europe, but is the EU really taking this drastic step, or is it fake news?
Let’s take a look and find out.
![](https://thewealthmastery.io/wp-content/uploads/2024/03/image-105.jpeg)
Here's what's in today's issue:
- Sam shares his thoughts on the EU banning crypto self-custody, BTC ETF’s week of negative flows, Mr 100 buying more BTC, bearish news regarding the ETH ETF and Gensler asking for $2.6 Billion to fight crypto.
- This week on chain.
- This week's trending coins by Rebecca.
![Bybit](https://thewealthmastery.io/wp-content/uploads/2024/03/ByBit-March-Madness-1024x576.jpg)
Step 1: Sign up using this link
Step 2: Fund your account with $100 or more
Step 3: Claim your bonus and free trade
![](https://thewealthmastery.io/wp-content/uploads/2023/08/The-News-Now-1-1024x160.jpg)
Has the EU Banned Crypto Self-Custody?
There was outrage on Crypto Twitter over the weekend in response to an article in Finbold reporting that new EU Anti-Money Laundering Regulation (AMLR) is, in effect, going to ban self-custody crypto wallets.
The ability to take care of your own assets, in a decentralized way and without third parties,