FinCEN is proposing new rules that would classify “using programmatic or algorithmic code to … manipulate the structure of a transaction” and “creating and using single use… addresses” as mixing.
What
https://www.fincen.gov/news/news-releases/fincen-proposes-new-regulation-enhance-transparency-convertible-virtual-currency
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Replies (9)
And require new reporting requirements for transactions that touch it
Stop reading laws.
Imagine not being a conspiracy theorist at this point.
That's bitcoin core. The entire structure is algorithmicly manipulated.
That's bitcoin core. The entire structure is algorithmicly manipulated.
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That would ban transaction batching too with that language which doesn't even have a privacy benefit, but just saves on fees
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But many on many campuses and DC and the dipshits in power just LOVE Hamas, and Palestinian Islamic Jihad etc... so just let them do their dirty money laundering? Don't they with fiat already!? WTF.
The more crazy the rules the harder to enforce. If every move breaks the rules people stop caring.
They can fuck right off