RE: LeoThread 2026-02-21 22-17
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Privacy is central to Vultisig. The apps collect no user data or metadata.
Delisting is preferable to complying with a draconian rule that mandates full KYC for self-custodial wallet solutions.
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However, the overall risk of mandatory full KYC for self-custodial wallets is limited.
The US government has shown support for the right to self-custody, and if some jurisdictions adopt draconian rules, the apps can be delisted in those regions (China, for example).
That said, the situation isn't black and white. If fiat-touching features are KYC-gated and users can opt in to use them, that approach appears acceptable and should help navigate many upcoming regulations.
Future developments remain uncertain, but KYC/AML has provided little value while exposing user data to criminals (Ledger and Coinbase leaks are examples).
Privacy is a birthright and particularly important on semi-anonymous rails like crypto