Crypto ‘mixer’ regulation could be simple – Fed research
Counterparties could be obliged to follow similar rules as for cash
The solution to dilemmas over privacy and illicit financing posed by crypto asset “mixers” is “relatively straightforward”, a recent paper published by the Federal Reserve Bank of St Louis argues.
Mixers are also known as “tumblers” or “privacy-enhancing protocols”. Authors Fabian Schär and Matthias Nadler say mixers are the most-used method of protecting privacy on public blockchains.
“Various entities deposit the same amount of a specific crypto asset to a mixer address,” they explain. “The
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