2 ms·

There are other possibilities - for example they can maintain a list of tainted coins, and declare them illegal to transact. This can then be enforced at the l

by zepto 5y ago

There are other possibilities - for example they can maintain a list of tainted coins, and declare them illegal to transact. This can then be enforced at the level of exchanges.

matheusmoreira 5y ago
Doesn't work for privacy coins like Monero. The US treasury tried to sanction a Monero address and ended up blacklisting a transaction hash instead. https://www.treasury.gov/ofac/downloads/sdnlist.txt https://www.treasury.gov/ofac/downloads/sdnlist.txt > Digital Currency Address - XMR 5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320; Note the lack of the 0x prefix. Here's the transaction on the block explorer: https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207887e2af87322c651ea1a873c5b25b7ffae456c320 https://localmonero.co/blocks/search/5be5543ff73456ab9f2d207...
- zepto 5y ago
  Sure but we’re talking about Bitcoin here.