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Expert Analysis

How FinCEN's Proposed Rule Stirs The Pot On Crypto Mixing

By Jared Johnson and Jordan Yeagley (December 1, 2023, 3:58 PM EST) -- On Oct. 19, the U.S. Treasury Department's Financial Crimes Enforcement Network issued a notice of proposed rulemaking identifying certain convertible virtual currency, or CVC, mixing as "a class of transactions of primary money laundering concern," pursuant to Section 311 of the USA Patriot Act....

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