Would a bitcoin &quot;cleaning&quot; service be legal in New Zealand?
<p>I'd like to create a piece of software or service which takes someone's Bitcoin, goes through a process of &quot;cleaning&quot; it (making it untraceable) and then returning it.</p>
<p>Provided the purpose of the application is not for any kind of criminal usage, could this be legally published as a service?</p>

<p>The applicable law is the New Zealand <a href="https://www.dia.govt.nz/AML-CFT-Act-and-Regulations" rel="nofollow noreferrer">Anti-Money Laundering</a> law. The <a href="http://www.legislation.govt.nz/regulation/public/2011/0222/latest/DLM3845896.html" rel="nofollow noreferrer">regulations describing exactly what is covered</a> don't mention Bitcoin cleaning, but the "wire transfer" and "currency exchange" bits probably cover such a thing. I certainly wouldn't like to be the test case.</p>

<p>There was also <a href="https://www.coindesk.com/eu-authorities-crack-down-on-bitcoin-transaction-mixer" rel="nofollow noreferrer">this case</a> in Europe.</p>

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