US lawmakers introduce bill to suspend crypto mixer transactions
Summary
US lawmakers proposed the Blockchain Integrity Act to halt financial institutions from dealing with funds passed through crypto mixers for two years. The bill mandates a study by multiple agencies on digital asset mixers, privacy coins, and anonymity-enhancing technologies to develop tailored legislative suggestions. Lawmakers argue that digital asset mixers can be used for money laundering and financing terrorist activities, and that mixers enable malicious actors to perpetrate financial crimes. This bill comes amid increased US scrutiny on mixers for allegedly facilitating illicit financial activities.
