Samourai Wallet Response To FinCEN Proposed Rules For Bitcoin Mixing

On October 23, 2023 we asked our attorney, Rafael Yakobi of The Crypto Lawyers to assemble an expert legal team to respond to the U.S. Department of the Treasury and FinCEN’s proposed rules that would seriously harm your privacy by effectively outlawing bitcoin mixing as well as conflating basic best practices such as not reusing addresses as a suspicious action requiring enhanced reporting.

Below is an exact reproduction of the letter we have submitted to Treasury and FinCEN as part of the public request for comment period.

We wish to thank Rafael Yakobi and the team he assembled to draft this response on behalf of Samourai and our users: Carla Reyes, Sasha Hodder, JW Verret, among…

Read more on BitcoinMagazine

82.3K Reads