Brian Armstrong's Finest Hour: Backing Tornado Cash Suit Against Treasury
Brian Armstrong's Finest Hour: Backing Tornado Cash Suit Against Treasury Source
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Treasury
Crypto Investor Paradigm Argues Infrastructure Providers Should Not Be Subject to US Treasury Sanctions
Paradigm acknowledged that sanctions can be an important tool to preserve national security, but said it believes base layer participants merely record and order data (which may include sanctioned addresses), but do not actively control sanctioned assets. Paradigm further suggested that stringent regulation would eventually push blockchain innovation offshore, making
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US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
“Unlike private digital assets, a CBDC issued by the Federal Reserve would be backed by the full faith and credit of the U.S. government, like the dollar bills in our wallets,” said Rep. Maxine Waters, (D-Calif.), the chairwoman of the House Financial Services Committee, in a statement earlier this year.
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Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging that its recent designation of 44 Tornado Cash smart contract addresses to the Specially Designated
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UK Crypto Hub Goal Continues: Treasury Official
"By making this country a hospitable place for crypto technologies, we can attract investment, generate new jobs, benefit from tax revenues, create a wave of groundbreaking new products and services and bridge the current position of [the] U.K. financial services into a new era," Fuller said in the debate. Original Source
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Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.In a press release, Assistant Treasurer Stephen Jones highlighted the Australian government’s intent to exclude crypto assets from being regarded as a foreign
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Tornado Cash DAO goes down without explanation following vote on treasury funds
The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control.At the time of publication, the Tornado Cash DAO was offline reportedly following a discussion in which community members
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Bitcoin $24K Breakout Elusive as Treasury Yields Balk at Peak Inflation Narrative
Some observers foresee a continued rise in bond yields. "Interestingly, we have seen a 'peak' inflation narrative, and despite a miss on CPI and PPI, we are now seeing rates rise,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Thursday. Original Source
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Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury
“Tornado Cash has been the go-to mixer for cybercriminals looking to launder the proceeds of crime, as well as helping to enable hackers, including those currently under U.S. sanctions, to launder the proceeds of their cybercrimes by covering up the origin and transfer of this illicit virtual currency,” a senior
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Deepak Chopra-Involved DAO Project Taps Coinshift for Treasury Management
The crowdfunding service aims to bring DAO tooling to non-crypto savvy agents of change. Source
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