FinCEN Proposes New Rules Targeting Crypto Mixers

Regulation | Oct 25, 2023 The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a new regulation targeting Convertible Virtual Currency Mixing (CVC mixing). FinCEN has announced a Notice of Proposed Rule Making (NPRM), identifying international CVC mixing as a primary concern in money laundering activities. This proposal aims to increase

The post FinCEN Proposes New Rules Targeting Crypto Mixers first appeared on National Crowdfunding & Fintech Association of Canada.