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Author: Cheyenne Ligon, Coindesk; Compilation: White Water, Bit Chain Vision Realm
A senior official of the US Treasurer said on Wednesday, saying thatThe U.S. Treasury did not try to prohibit cryptocurrency hybrid services.
At the annual consensus consensus meeting held by Austin, Brian Nelson, deputy minister of the U.S. Treasury responsible for terrorism and financial intelligence, talked about the proposal of the financial criminal law enforcement network (FINCEN) in 2023.”And asking the virtual asset service provider (VASP) to report to the agency any encryption transaction involving mixed.
FINCEN’s proposal, and more and more law enforcement actions adopted by the U.S. Department of Justice for mixed services such as TORNADO CASH and Samourai Wallet.Essence
“In the final analysis, this [proposal] is not a ban on the mixtor,” Nelson said.”This is a proposed rule to improve transparency.”
Nelson said,He sympathized with cryptocurrency users’ desire for financial privacy, but he suggested that the industry and the Ministry of Finance should work together to find a way to enhance privacy without helping to grow terrorist financing.
“From our perspective, we believe that there are differences between confusion and support of privacy anonymous enhancements -we certainly fully realize that in the context of public blockchain … people will be eager to have a certain degree of privacy,” “”Nelson said.”In this spirit,We hope to work closely with the industry to determine and cooperate with the development of tools that can enhance privacy.”
Nelson said, what he sawMost mixtures are not actually created to enhance privacy, but to avoid anti -money laundering (AML) and understand your customer (KYC) report requirements. Therefore, it is “very attractive to bad actors, including North Korea,”” “.
“Not everyone needs to know who you are dealing with,” Nelson said -just people and Vasp need to know that they have not “unknowingly” to fund Hamas or North Korea’s weapon plans.
