On May 9, U.S. Congressman Sean Casten (from Illinois’ 6th District) introduced the Blockchain Integrity Act, which seeks to temporarily ban financial institutions from processing funds transferred through digital asset mixers. The move is intended to allow the Treasury Department, the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Department of Justice (DOJ) to study the illegal uses of these mixers.
The legislation is co-sponsored by Bill Foster of Illinois' 11th District, Brad Sherman of California's 32nd District, and Emanuel Cleaver of Missouri's 5th District.