On Monday, Deputy Attorney General (DAG) Blanche released a memo entitled “Prosecutor’s Ending Regulations,” which stated that the U.S. Department of Justice would stop crackdowns on Bitcoin and crypto mixers.
Here is the exact language he used in his notes:
“…The Department of Justice will suspend participation in regulations through prosecutions in this area. Specifically, the department will no longer target crypto exchanges, mixed and tumbling services, and offline wallets due to end-user conduct or unconscious violations of regulations.”
The next day, New York Attorney General (NYAG) James co-authored a letter calling on Congressional leaders to create federal crypto regulations to prevent the use of crypto mixers for illegal purposes.
Here’s what she and her co-authors had to say about the crypto mixer:
“Effective laws must require cryptocurrency platforms to expressly comply with the Anti-Money Laundering Act. To know about customer (“KYC”) regulations and cybersecurity protocols, we must prevent terrorism, hostile regimes and crime financing to prevent the use of cryptocurrencies. USD. ”
Dag Blanche has benefited from the doubts of users of Bitcoin and Crypto mixers, but NY AG James implied that all users of such mixers are criminals, as all users of such mixers call them “money laundering mixers.”
Such language is deeply concerned about hearing from the state’s attorney general (the lawyer) as if to speculate on guilt.
NY AG James has adopted this type of rhetoric, mainly in Bitcoin and crypto since taking on the role of Attorney General in 2018, and has been working on the role of 1. ) She has never allowed human rights and democratic activists to use the mixer to preserve both the privacy and privacy of donors.
So, as Bitcoin privacy becomes more prominent in the political field, you should amplify the type of rhetoric that Dag Blanche uses, and make sure it pushes back dangerous and unjust rhetoric from things like NY AG James.
It is up to us to hear our voices on this issue and to let elected officials know that it is important to us.
The fight is underway for the right to personally transfer value across the Internet. Don’t stay on the sidelines.
This article is a take. The opinions expressed are entirely the authors and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.
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