The regulation is part of a broader AML framework that includes bank and payment accounts, passbooks and safe-deposit boxes, “crypto-asset accounts allowing anonymisation of transactions,” and “accounts using anonymity-enhancing coins.”

The author addresses the issue.

This post serves as notice that Lemmy.one will be shutting down in 90 days.

Unfortunately, the moderation features in Lemmy never progressed to the point required to continue maintaining this service, and Lemmy simply does not have the userbase to justify the cost of this service. Myself and the moderation team apologize for the inconvenience this will cause.