There is one controversial Blockseer Bitcoin Mining Pool that is started to censor transactions from blacklisted wallets.
This pool also requires all miners to pass KYC procedure!
Blockseer is first North America bitcoin mining pool that will meet all US Government compliance.
They are located in San Francisco and have parent company DMG located in Canada.
This is alert for everyone, and we should not allow this to spill over on other pools.
This pool is only going to be ignored. Are they going to declare the other pools illegal then? How about the lone solo miners?
Technically you can still set up your own node and mine to it. A pool is kinda sharing this with a larger group and split the rewards when finding a block. I don't think most people would agree to set up and maintain a black list in their nodes.
Law enforcement should solve these things in the physical realm and leave the technology alone, don't try to mend it to their will, which is what some politicians probably want.
If anything this "compliance" is like a death sentence to American pools. Lets hope people with better knowledge of Bitcoin in the new government correct this.