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Cryptocurrency mixers targeted in US House Democrats’ bid to ‘crack down’ on money laundering

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New legislation is on the way that will target mixers as money laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the token of choice for illicit finance.

New legislation is on the way that will target mixers as money laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the token of choice for illicit finance.

New legislation is on the way that will target mixers as money laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the token of choice for illicit finance.

May 7, 2024, 5.23pm

Updated May 7, 2024, 5:25 pm

Democrats in the House of Representatives say they will advance a bill to combat money laundering in cryptocurrency mixing services. (Jesse Hamilton/CoinDesk)

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