**Coin Center Criticizes FinCEN's Rule on CVC Mixing**
Coin Center argues that FinCEN's proposal to classify convertible virtual currency (CVC) mixing as a primary money laundering concern (PMLC) is overly broad and unprecedented. They assert it could wrongly affect many legitimate transactions, infringing on individuals' constitutional rights without due process.
- Coin Center highlights the lack of clear guidelines, which could lead to erroneous reporting of lawful domestic transactions.
- They urge FinCEN to refine the rule, incorporating clearer definitions and procedural fairness to prevent undue economic and reputational harm to innocent parties.