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Wasabi Bitcoin privacy mixing service to shut down starting June 1, zkSNACKs cites legal certainty concerns

Wasabi Bitcoin privacy mixing service, operated by zkSNACKs, is set to shut down its Coinjoin coordination service starting June 1. The decision was made due to concerns about legal certainty surrounding the service. Users of Trezor Suite and BTCPayServer, who connect to the zkSNACKs coordinator, will also be impacted. However, Wasabi Wallet will still function as a regular BTC wallet, allowing users to generate private keys for Bitcoin transactions. zkSNACKs remains committed to funding the continuous maintenance of the basic features of Wasabi Wallet. The move comes in the context of increased scrutiny by the Financial Crimes Enforcement Network (FinCEN) on crypto mixers in their efforts to combat terrorist financing and sanction evasion.