U.S. Treasury Department: Mixing tools for legitimate privacy purposes, policy reversal after three years of sanctions
The U.S. Department of the Treasury in its report acknowledged that cryptocurrency mixers can be used for legitimate financial privacy and recommended legislation to establish a freezing law that allows financial institutions to temporarily freeze suspicious digital assets. At the same time, the report disclosed data on North Korea using mixers for money laundering and proposed compliance recommendations for decentralized finance. This shift in stance stems from federal court rulings and assessments of the impact of mixers.
MarketWhisper·03-09 01:41
