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U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.

By Cheyenne Ligon|Edited by Nikhilesh De

Updated May 29, 2024, 10:43 p.m. Published May 29, 2024, 10:41 p.m.

Brian Nelson, U.S. Treasury Under Secretary, Office of Terrorism and Financial Intelligence, U.S. Department of the Treasury, at Consensus 2024. (CoinDesk/Shutterstock)