FinCEN’s proposal to outlaw all crypto privacy is a huge overreach. They apply a section of the Patriot Act on a “class of transactions” in a new precedent. Doesn’t matter if it’s custodial or noncustodial- merely using certain type of code can be an illegal act.
People are caught by the potential spot ETF, meanwhile this is proposed. Now they fight you.
https://www.nobsbitcoin.com/fincen-wants-to-outlaw-certain-bitcoin-on-chain-transactions/
You mean like using any wallet that implements single use addresses (every wallet worth using) if this usage is deemed “unnatural”?
“You’re only allowed to make transactions that we think you should be making”. 😂
https://nostrcheck.me/media/public/nostrcheck.me_5896958339765715331697893570.webp
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