Analysis of FinCEN Policy FINCEN-2023-0016: Overreach and Impact on Individual Rights — #jointheeclipse

How FinCEN May Be Violating Your Rights
A call to action against FINCEN proposal 2023-0016A
Written By Preston Pysh

Eroding Anonymity Through Additional Verification: The mandate for “Additional Customer Identity Verification Measures for Transactions Involving Unhosted Wallets” is a direct affront to privacy and anonymity. This requirement transgresses on the First Amendment’s sanctuary for anonymous speech

A Direct Assault on Anonymity-Enhanced Currencies: The “Prohibition on the Use of Anonymity-Enhanced Convertible Virtual Currencies (AECVC)” is nothing short of a legislative bulldozer through the edifice of privacy.

See also: Preston Pysh says proposed FinCEN crypto rules violate US Constitution