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Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.

By Jesse Hamilton|Edited by Nikhilesh De

Updated May 7, 2024, 5:25 p.m. Published May 7, 2024, 5:23 p.m.

Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)