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The European Commission (EC) confirmed that their planned new set of legislative proposals concerns cryptoasset accounts provided by Virtual Asset Service Providers (VASPs), such as exchanges, but not non-custodial privacy wallets, such as Wasabi or Samourai .

“Indeed, open-source, non-custodial wallets, will not be covered by the prohibition,” a spokesperson at the EC told Cryptonews.com .

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