Quote from: examplens on Today at 08:53:06 AM

Quote from: philipma1957 on April 15, 2024, 11:00:34 PM

Now 10 k cash or 10 crypto is equal and I need full kyc from the entity that sent me the cash or the crypto.

I'm referring to this, the rule "everything over $10k (from an unknown source) must be explained" existed long before the creation of the first mixer, nor is it specifically aimed at mixing Bitcoin.

Quote from: bitmover on Today at 12:35:04 AM

But Kucoin is still operational and legal. It wasn't seized, and certainly it is not a darknet website like SB became.

This is the reason why mixers were banned. They are not having just small legal problems, they were getting seized and that may be a problem for the forum.

Seized, because an anonymous person is behind it. If the mixer were legal, it would also be subject to fines in the event that it does not have KYC.
The SEC is now suing Uniswap because of similar reasons and the epilogue of this will be very important for the further development of decentralization and maintaining privacy. If Uniswap loses this case (this will affect all Defi platforms), they must be closed/seized, because they have no way to implement KYC.

I suggest that Bitcointalk ban all Defi platforms as soon as possible, and wordfilter their domains, why wait for a verdict and risk the forum being identified as a place where such services are desirable?

There is increasing pressure on privacy, it is sad to see a forum that "aims to allow about as much freedom as is reasonably possible", the first to take such drastic steps.

Not that I'm talking about this because of fucking profit from signature campaigns, the ban could only refer to promotion, it didn't have to be a complete expulsion from the forum. (I already suggested this earlier)

I always reported my mining income. over or under 10k.

the new law is different.

if I mine 10k and take it from say viabtc on may 1st I have two weeks to file a special form. or a felony and s committed.
this is far stricter then telling the irs on my tax returned I earned 120k gross income from mining .

in both cases I report the gross income from viabtc. but new law means when I exceed 10k I must report on a special form within two weeks.

old law the 10k did not need to be reported until I did my taxes at years end.

if i were theymos I would not touch mixers with a ten foot pole for bitcointalk.

I get it if you are not USA based you are saying wtf?

but if you are USA based the new rules are very restrictive.

I have yet to figure a legal work around and simply won’t mine much this year.