Quote from: jrrsparkles on Today at 01:32:06 PM

Quote from: Sethrey on August 16, 2022, 11:17:11 AM

Recent U.S. sanctions against cryptocurrency mixer Tornado Cash have sparked a debate within the crypto community on whether the ban compromises users’ ability to operate anonymously.

Earlier this week, the Treasury Department imposed sanctions against Tornado Cash for helping hackers launder over $7 billion worth of virtual currency. The agency said the mixer service allowed cyber criminal groups, including North Korean-backed hackers, to use its platform to launder the proceeds of cyber crimes.

Does that mean that all the privacy coins will be banned and regulated? Even those having own no KYC decentralized exchanges, like Crypton?

Privacy coins will exist as long as the people using it, but there are chances for them to get delisted from regulated exchanges but never on decentralized exchanges. Coin mixers have to run very carefully and that is what we need to understand from the sanction.

Well, yes. That is why, when all the popular exchanges began to delist Montero, this coin was immediately added to many decentralized exchanges. For example, Crypton exchange from the Utopia p2p project.