Crypto Mixers Targeted by U.S. Over Money Laundering Concern

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FinCEN said that mixing services, which seek to allow users to conduct transactions with anonymity, are used by a “variety of illicit actors throughout the world,” referring by name to Hamas, Palestinian Islamic Jihad and the Democratic People’s Republic of Korea (DPRK). The agency said this proposed rule is a “key part” of the ongoing effort to boost transparency in the crypto markets.

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