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Regulation news
The US Department of the Treasury’s Office of Foreign Assets Control added Ethereum (ETH)-powered crypto mixing service Tornado Cash to its Specially Designated Nationals list, effectively banning Americans from using this mixer. The Department claims that the mixer "has been used to launder more than USD 7bn worth of virtual currency since its creation in 2019." According to crypto-focused attorney Collins Belton, "this is arguably the most significant legal action that has occurred in crypto and could have absolutely gargantuan ripple effects for everything from dev liability to first amendment implications of code publication."
We cannot and should not encourage the adoption of crypto while simultaneously agreeing to dismantle any tool that can provide privacy guarantees to users if we want to avoid...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...