Late January, the U.S. Department of Commerce published a notice of proposed rulemaking for establishing new requirements for Infrastructure as a Service providers (IaaS) . The proposal boils down to a ‘Know Your Customer’ regime for companies operating cloud services, with the goal of countering the activities of “foreign malicious actors.” Yet, despite an overseas focus, Americans won’t be able to avoid the proposal’s requirements, which covers CDNs, virtual private servers, proxies, and domain name resolution services, among others.
The current administration and its agencies have clear contempt for any sort of crypto privacy they have shown in a variety of ways. The Tornado Cash sanction and criminal charges, recent Bitcoin mixer criminal charges, the proposed rule putting a “Primary Money Laundering Concern” black mark on people seeking crypto privacy in virtually any way… if it’s possible to still purchase online services privately after this, I’m sure they will go on to take further measures to try to close the “loophole”. They don’t want anyone doing things without being able to monitor them.