US House Passes Bill Banning Crypto Mixers

Krutika Adani

US Lawmakers, especially Democrats have introduced a bill to ban crypto mixers for two years

Crypto mixers erase the link that ties a sender and a receiver address

Representatives claim that these mixers have been used to finance terror activities in the past

Violations of this ban could attract penalties of up to $100k.

The act which seeks to ban mixers has been named the US Blockchain Integrity Act.