0 sats \ 2 replies \ @Zepasta 19 Oct 2023 \ on: U.S. Treasury: Foreign "Crypto" Mixers Risk Sanctions as Money Laundering Hubs bitcoin
Arent those mixers suppost to be descentralized and open-source? How exactly can they risk sanctions.
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44 sats \ 0 replies \ @Rsync25 OP 19 Oct 2023
Once the designation as money-laundering hub is enacted and a sanction follows, all financial transactions will require special reporting before they are approved.
Verify address before mixing.
FOSS, ok. However, centralized like Wasabi can be affected.
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0 sats \ 0 replies \ @nerd2ninja 19 Oct 2023
Only Joinmarket can be thought of as decentralized. Its security model relies on fidelity bonds. Look it up. Jam is a popular joinmarket frontend
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