U.S. Treasury Acknowledges Crypto Mixers Have Legitimate Privacy Uses



The U.S. Treasury has told Congress that crypto mixers can be used to protect user privacy on public blockchains. This is a big shift from the same agency that sanctioned Tornado Cash back in 2022.

→ Mixers can help protect personal wealth and business payment privacy on-chain
→ Non-custodial mixers are flagged as high risk due to North Korean hackers who stole over $2.8 Billion in crypto
→ This is a positive signal for privacy-focused tokens and DeFi protocols
DEFI6,54%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin