Quote from: Last of the V8s on March 24, 2018, 11:19:47 AM

Quote from: HairyMaclairy on March 24, 2018, 11:10:07 AM

Hmmm

OFAC to blacklist Bitcoin addresses.

https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto/

in which Joe Ciccolo, the president of BitAML, Inc., a compliance service provider and Andrew Hinkes, an adjunct professor at the NYU Stern School of Business and NYU School of Law flounder about misunderstanding bitcoin.

Quote from: Last of the V8s on March 21, 2018, 10:05:18 PM

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_compliance.aspx#vc_faqs
561. How will OFAC use its existing authorities to sanction those who use digital currencies for illicit purposes?
562. How will OFAC identify digital currency-related information on the SDN List?

in which the USG flounders about misunderstanding bitcoin

A lot of this already happening. OTC traders wont accept tainted coins. Exchanges will brick you if you send them tainted coins. Anyone who uses tumblers is an idiot - you probably get worse than what you started with.