I just shook my piggy bank and mixed up the coins. Can they regulate that too?
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/
Discussion
Just realise when you want to buy stuff with the coins they force you to kyc source of funds. Except when there will be a time we can settle in btc of course. Patience is the key.