Hardware wallet manufacturer Trezor has announced a partnership with the Wasabi Wallet team. The goal of the collaboration is the integration of a tool for mixing bitcoin transactions CoinJoin to hardware wallets.

The technology randomly groups transactions to hide the source of funds. Access to the new option will open in 2023.

Head of Public Relations and Reputation zkSNACKs In a comment to Decrypt, Karo Zagorus revealed that negotiations with Trezor began in 2019. According to him, the result represents an “extraordinary achievement”.

The Wasabi team added that the work on the anonymization technology is a response to increased surveillance by the authorities. They stated that it could be used to spy on citizens at the end of financial transactions.

In November 2020, the developers of an anonymity-focused bitcoin wallet announced the release of a new version of Wasabi Wallet. It is designed to simplify the execution of confidential transactions by automating the mixing process using CoinJoin technology.

In the spring of 2021, the Trezor team recalled the high protection of a hardware wallet against hacking attempts. The statement came against the background of US authorities’ plans to create a tool to bypass protection and gain access to crypto assets.

Remember August 8 OFAC Added to the list of sanctions is the site of the cryptocurrency mixer Tornado Cash and its associated 39 Ethereum and 6 USDC addresses.

Industry advocacy organization Coin Center said the agency had exceeded its mandate. Jess Powell, CEO of Kraken cryptocurrency exchange, said the regulator’s actions were unconstitutional and violated citizens’ right to privacy.

Prior to that, OFAC had placed the Blender crypto mixer on its sanctions list.

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