"This proposed regulation would, we think, require financial institutions like Coinbase to verify the recipient/owner of the self-hosted wallet, collecting identifying information on that party, before a withdrawal could be sent to that self-hosted wallet."
It's impossible for the exchange or the sender to know which kind of wallet they're sending to. Whichever retard proposed this doesn't understand the technology. 0% chance of this regulation actually passing.
when btc started trading on CME exchange on Dec 17,
the opening price was 20k.
yesterday price almost hit 20k.
those who bought BTC on Dec 17 were eager to cut their losses.
It's been going down hard since this tweet from Brian Armstrong, CEO of Coinbase, and past 10 minutes some stops were triggered or something...