Crypto mixers and privacy coins might be about to face a fresh crackdown in the U.S.

An amendment designed to tackle anonymous transactions and illicit activity has been tacked on to the 2024 National Defense Authorization Act (NDAA.)

The $886 billion package has now been given the green light by the Senate—and saw lawmakers on both sides of the crypto debate become unusual bedfellows.

The NDAA is a massive piece of legislation that sets out the annual budget for the U.S. Department of Defense—and, as is the case here too, it often becomes a vessel for unrelated policies.

Wyoming Republican Cynthia Lummis—often referred to as “the Bitcoin senator“—has been championing a positive approach to regulation with New York Democrat Kirsten Gillibrand. The proposed bill from the two Senators Go to Source to See Full Article
Author: Connor Sephton

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