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The popular Monero (XMR) to Bitcoin (BTC) exchange, XMR.to, is shutting down as a result of increasingly invasive money laundering laws and regulations.

loirs11

The United States Internal Revenue Service is offering $625,000 for Monero-tracing software, according to a recently published proposal request.

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One of the leading darkweb marketplaces, White House Market, ended support for Bitcoin transactions.White House Market (WHM) launched as a Monero-only marketplace. At the time, WHM was one of the few marketplaces that only supported payments using Monero.

locypher11

CipherTrace, a self-described “Blockchain Forensics Team,” reportedly created “Monero tracing” toolsfor the U.S. Department of Homeland Security. Below is the relevant portion of the press release (also available here).

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The United States Secret Service is purchasing blockchain analytics software from Coinbase, a well-known digital currency exchange.