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U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move

The Biden administration has designated crypto "mixers" as primary money-laundering hubs. In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domesti...

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U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move
The Biden administration has designated crypto "mixers" as primary money-laundering hubs.
In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domestic financial institutions and agencies to "implement certain recordkeeping and reporting requirements" for transactions involving crypto mixers....
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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