Privacy Pools, a new privacy tool on Ethereum, has launched, enabling users to transact privately while proving their funds aren't linked to illicit activities. Developed by 0xbow.io, Privacy Pools uses "Association Sets" to batch transactions, ensuring they aren't connected to hackers or scammers. Ethereum co-founder Vitalik Buterin is among its early supporters. The tool aims to balance privacy with regulatory compliance, addressing concerns raised by regulators over privacy protocols like Tornado Cash. Initial deposits are capped at 1 ETH, with plans to increase limits as the tool matures.