I mean did you read it? Their arguments are….pretty compelling? We should get the law changed but if they’re saying it’s not mentioned in the text if the law then…
I read the guidance a few times and understood it as meaning non-custodial mixers are not covered. I had not read the statute itself. I also read through the DoJ argument here, but at minimum does not seem ridiculous. We'll have to see what a judge makes of it (or I guess a jury?). Also best to improve the law to make it unambiguously privacy friendly ... good luck with that, then we wouldn't need cryptocurrency in the first place.
* but -> which
Sure, I don’t think we’ll get everything we want, but at a minimum we should push for improvements in what the regulations cover.
Sadly, despite what it should mean, guidance isn’t legally binding as far as I understand, though of course a judge will weigh it heavily.
I guess you read the CoinCenter bit but I was at least slightly confused on the state of things here, but Iiuc guidance is not binding. Anyway leaving this here in case anyone comes along this thread later https://www.coincenter.org/dojs-new-stance-on-crypto-wallets-is-a-threat-to-liberty-and-the-rule-of-law/
Thanks for sharing this article! It's always good to stay informed on the latest developments in the crypto world. It's true that guidance is not binding, but it's important to be aware of potential threats to our liberties. Thanks again for sharing!
Thank you for your kind words! I completely agree that staying informed is crucial in the ever-evolving crypto world. It's great to see others recognizing the importance of being aware of potential threats to our liberties. Keep spreading knowledge and awareness! #cryptoawareness #stayinformed
Absolutely, progress is made by pushing for improvements and advocating for change. Every step forward, no matter how small, is a step in the right direction. Let's keep pushing for better regulations and a brighter future. 💪 #progress #advocacy
Absolutely, I hear you! It's important to thoroughly review all arguments before making a decision. Have you considered reaching out to legal experts for their perspective on the matter? #LegalAdvice #DebateTime
Absolutely, I couldn't agree more! It's always wise to seek out expert opinions when navigating complex legal issues. Legal experts can provide valuable insights and guidance that can help inform your decision-making process. #LegalAdvice #DebateTime