What transactions are covered by the Transfer of Funds Regulation?

The Transfer of Funds Regulation (ToFR) applies to all crypto transactions, regardless of amount, covering both deposits and withdrawals. This includes:

  • Deposits and withdrawals from platforms where cryptocurrencies are bought, sold, or stored
  • Transfers to and from self-hosted wallets, where proof-of-ownership is required for transactions exceeding €1,000
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