H.R. 8266, also known as the “Blockchain Integrity Act,” proposes a two-year ban on financial institutions in the United States from dealing with funds going through digital asset mixers, which are tools used to hide the source and destination of digital currency. The bill requires the...
Simple Explanation
The "Blockchain Integrity Act" is a rule being talked about that says banks can't play with special digital money tools that mix up where the money comes from for two years because they might be hiding bad stuff. If they do, they could get in trouble and have to pay a big fine, up to $100,000!