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FRANCIS ⚜️ BULLBITCOIN.COM
@francispouliot_
Building infrastructure for Bitcoin self-custody since 2013. Founder of French-Canadian
参加 August 2013
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Okay... this is actually a big deal “the Trump Administration supports the ability of lawful users of digital assets to privately transact on a public blockchain.” The report also acknowledged that although illicit actors “use mixers to obfuscate and launder funds . . . lawful users of digital assets may leverage mixers to enable financial privacy when transacting through public blockchains.”  FinCEN is withdrawing its finding that international CVC Mixing is a class of transactions of primary laundering concern, and the proposed rule, published on October 23, 2023, seeking to impose special measure one regarding international CVC Mixing. While FinCEN maintains that illicit actors continue to use mixers and other tools and methods to hinder law enforcement investigations, this withdrawal is informed by the concerns from commentors that the expansive definition of CVC mixing in the proposed rule could have a chilling effect on legitimate activity and place a large reporting burden on covered financial institutions.
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