US Treasury Seeks to Outlaw Crypto Mixing Services, Citing Money Laundering Concerns
The U.S. Department of the Treasury is cracking down on crypto mixing services, which are used to obscure the source of funds in cryptocurrency transactions. While these services can have legitimate uses for privacy-conscious individuals, they are also frequently exploited by cybercriminals. The Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule to designate […]