US Government Declares War on Crypto Privacy with PATRIOT Act Crackdown!
Now, here’s where things get really thrilling. The Financial Crimes Enforcement Network (FinCEN) is in charge of this operation, drafting a rule to officially declare crypto mixing services as a “primary money laundering concern.” Yes, folks, a “primary” one! This would give the Treasury Department the power to cut these services off from the entire US financial system. Fancy that! The good old US of A could soon be putting up walls around these services faster than you can say “decentralized finance,” prohibiting banks, exchanges, and payment processors from dealing with them.