Bitcoin

<ul class="news-points"> 
 <li><strong>Swan Bitcoin’s CTO and co-founder explained the firm’s new policy regarding crypto mixing.</strong></li> 
 <li><strong>Pritzker underscored the need for actual “Bitcoiners” in the government.</strong></li> 
 <li><strong>Nevertheless, the statement drew criticism from several entities, including Samourai Wallet.</strong></li> 
</ul> 
<p>Swan Bitcoin CTO and Co-Founder, Yan Pritzker, wrote a long statement on X (formerly Twitter)&nbsp; on November 12, explaining the firm’s new policy regarding crypto mixing. He highlighted that the platform’s decision to terminate or freeze accounts was due to the regulatory obligations of its partners—from banks to qualified custodians.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Recently we announced that some of the banks and qualified custodians that Swan works with have been freezing or terminating accounts involved in mixing Bitcoin. Today I’d like to help the industry get perspective on what’s going on, and what steps we are taking to do the right…</p>— Yan | swan.com (@skwp) <a href="https://twitter.com/skwp/status/1723444038932582414?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 11, 2023</a>
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<p>Pritzker underscored that Swan Bitcoin favors coin-mixing services and claimed to have promoted companies like Samourai and Wasabi. Yet he also accentuated the challenge of processing USD in the U.S. without using a bank or Money Services B…</p>
<p>The post <a href="https://coinedition.com/swan-bitcoin-terminates-accounts-using-crypto-mixing-services/">Swan Bitcoin Terminates Accounts Using Crypto Mixing Services</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Swan Bitcoin Terminates Accounts Using Crypto Mixing Services

Coin Edition

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