Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities

Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. In a comment submitted to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), Coinbase argued that regulated platforms already comply with recordkeeping and reporting rules for suspicious activities The post Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities appeared first on Cryptonews .