NCA wants regulation for coin mixers, but the crypto industry is already one ...

NCA wants regulation for coin mixers, but the crypto industry is already one ...

The chief of NCA claimed that coin mixing services offer a layer of anonymity and protection to criminals looking to launder and wash their “dirty” funds. The United Kingdom's National Crime Agency (NCA) seeks to regulate the crypto coin mixers under the country's laws against money laundering.Coin mixing tools are popular in the decentralized world as they maintain the privacy of transactions. These tools often mix several transactions to obscure the origin of a particular transaction. Then the recipient receives the transactions from a mixing "black box" comprised of hundreds of....


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How Bitcoin Mixers Help Protect Privacy

Promoted: Bitcoin mixers help users obscure their transaction histories and protect their identities. The post How Bitcoin Mixers Help Protect Privacy appeared first on Bitcoin Magazine.

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