Swan Bitcoin May Ban Crypto-Mixing Due to Proposed Regulations, Calls Policy Overly Broad
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Swan Bitcoin warned customers it may terminate accounts using crypto-mixing due to proposed FinCEN regulations.
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Co-founder Yan Pritzker said Swan is pro-privacy but must follow bank obligations.
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Pritzker criticized the rule as poorly written and overly broad.
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He argued mixing is normal privacy, not a crime like regulators claim.
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Swan suggested opposing policies by educating people on Bitcoin, like with kids books.