This is why it’s laughable. 

Only possible way to avoid this, use ETFs, but avoid custody🧐

This is precisely how exchanges send funds to the users! They hop through "one time use addresses"



Here's the actual US Code:
https://www.law.cornell.edu/uscode/text/31/5318A

JustinNakamoto

It does. At the moment, they are referring to mixing, but it is easy to interpret their words as any onchain address:

Creating and using single-use wallets, addresses, or accounts and sending “CVC” through these wallets, addresses, or accounts in a series of transactions.

bitcoin

FinCEN wants to laughably outlaw certain on-chain Bitcoin transactions

davidw

It does. At the moment, they are referring to mixing, but it is easy to interpret their words as any onchain address:

> Creating and using single-use wallets, addresses, or accounts and sending “CVC” through these wallets, addresses, or accounts in a series of transactions.

That’s Bitcoin, basically 😂