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Canadian Exchanges' Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash
18.8.2022
In line with regulations, Canadian crypto exchanges are introducing measures to cap the annual buy limit for selected cryptoassets at CAD 30,000 (USD 23,250) per year - and these exclude (only) four large coins.
While the cap will not impact Canadian crypto investors’ capacity to invest in some...
Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
18.8.2022
The token issued by Stable Universal has dropped to 8% below its $1 peg
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently
17.8.2022
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed that Celsius has been offered cash injections, but the lawyer...
Tornado Cash sanctions will ultimately undermine the US and strengthen crypto
17.8.2022
Like any aging empire, America is reacting to its competition
Tornado Cash Fallout: Can Ethereum Be Censored?
17.8.2022
In light of OFAC’s Tornado Cash sanctions, Ethereum's community debates what to do if validators censor sanctioned addresses
NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites
17.8.2022
The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital...
Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder
17.8.2022
The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion
17.8.2022
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new currency would be to curb tax evasion and enhance the traceability of transactions made by citizens. The proposed measure would also be accompanied by restrictions on cash payments...
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
17.8.2022
The Downside of Sanctioning Tornado Cash
16.8.2022
OFAC’s blacklisting of an Ethereum smart contract stands to compromise innocent users’ privacy while doing little to stop bad actors
Tornado Cash Sanctions Are Spiraling Into Compliance Nightmares
16.8.2022
Crypto privacy mixer Tornado Cash drew attention last week after the U.S. Treasury Department sanctioned the service last week. The implications of complying with the sanctions are starting to sink in with the rest of the industry, raising questions about just what compliance looks like
Tornado Cash US Ban Is ‘Bad Precedent,’ but Monero Was ‘Made for This’: Cake Wallet Exec
16.8.2022
Justin Ehrenhofer, vice president of operations at Cake Wallet, joined CoinDesk TV’s “First Mover,” to discuss the implications of the government regulation when it comes to privacy coins
Tornado Cash shows that DeFi can’t escape regulation
16.8.2022
DeFi developers seriously need to consider working with regulators on compliance issues if they want their projects to succeed
USDT market cap up by $2 billion following Tornado Cash debacle
16.8.2022
Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
16.8.2022
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC)....
Court filings reveal Celsius will run out of money by October
16.8.2022
Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July
Tornado Cash Latest: Community Fights Back Against Sanctions, TVL Dropped 26% Since US Treasury Decision
16.8.2022
An increasing number of crypto and privacy advocates are attempting to fight back against the United States Treasury's decision to ban the popular crypto mixing service Tornado Cash.
Most recently, the Electronic Frontier Foundation, a nonprofit organization defending civil liberties in...
Crypto Lender Celsius On Pace to Run Out of Cash by October
15.8.2022
The bankrupt crypto firm is also short of $2.8 billion in crypto assets, the court filing reveals
Coin Center may challenge US Treasury's sanctions on Tornado Cash in court
15.8.2022
“By treating autonomous code as a ‘person’ OFAC exceeds its statutory authority,” said Coin Center's Jerry Brito and Peter Van Valkenburgh
Stop Attacking DeFi Founders for Complying With the Tornado Cash Sanction
15.8.2022