A new court ruling has reversed the sanctions placed on crypto mixer Tornado Cash (TORN) by the US government. According to a …
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Tag:
Sanctions
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A federal court in Texas ruled Tuesday that the U.S. Treasury overstepped its authority by sanctioning decentralized crypto mixer Tornado Cash, crippling …
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Adoption
Russian firms turn to Bitcoin, stablecoins for global trade amid sanctions
by shayaanby shayaanRussia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy, Reuters reported on Dec. 25. …
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Regulation
South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists
by shayaanby shayaanThe South Korean government says it is imposing sanctions on 15 North Koreans who engage in illicit cyber activities to raise funds …
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Regulation
U.S. Court Sides With Tornado Cash and Overturns Sanctions, Says Smart Contracts ‘Not Property’
by shayaanby shayaanA U.S. appeals court has ruled that the Treasury Department’s sanctions against the crypto mixer Tornado Cash were unlawful and an overreach …
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Markets
Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%
by shayaanby shayaanU.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday. The decision …
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Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking …
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Regulation
Seven US Representatives Ask Treasury Secretary Janet Yellen Why Tornado Cash Remains Online Despite Sanctions
by shayaanby shayaanA handful of Democratic US Representatives are grilling Treasury Secretary Janet Yellen on the continued accessibility of Tornado Cash, an Ethereum (ETH)-based …
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