Category: Crypto News

Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court

Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court

United States-based crypto policy advocacy group Coin Center said it intended to “pursue administrative relief” for individuals affected by Tornado Cash sanctions imposed by the Treasury Department’s Office of Foreign Asset Control, or OFAC. In a Monday blog post, Coin Center executive director Jerry Brito and director of research Peter Van Valkenburgh alleged OFAC “overstepped […]

Fed to issue long-awaited guidelines for granting master accounts to crypto banks

Fed to issue long-awaited guidelines for granting master accounts to crypto banks

The United States Federal Reserve Board announced Monday that it had finalized its guidelines for the factors reserve banks are to consider when reviewing requests for Federal Reserve accounts and payment services. The guidelines create a three-tiered review framework with the level of due diligence to be provided, depending on the applicant’s risk level.  Guidelines […]

Bitcoin price corrects after hitting a wall at a multi-month descending trendline

Bitcoin price corrects after hitting a wall at a multi-month descending trendline

On Aug. 15, Bitcoin (BTC) price and the wider market corrected while the S&P 500 and DOW looked to build on four-straight weeks of robust gains. Data from TradingView and CNBC show the Dow pushing through its 200-day moving average, a first since April 21 and perhaps a sign for bulls that the market has […]

Law Decoded, Aug. 8-15: In the eye of Tornado Cash

Law Decoded, Aug. 8-15: In the eye of Tornado Cash

Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department. The regulator has added more than 40 cryptocurrency addresses allegedly connected to crypto mixer Tornado Cash to the Specially […]

Canadian regulatory council creates new preregistration filing for crypto platforms

Canadian regulatory council creates new preregistration filing for crypto platforms

The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, crypto.com and the Canadian platform Coinsquare Capital Markets, have already filed those undertakings.  […]

Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macroeconomic data scheduled for this week in the United States. Data points from Asia […]

Exit stage left — Eqonex to close crypto exchange after two years

Exit stage left — Eqonex to close crypto exchange after two years

Nasdaq-listed digital asset investment firm Eqonex has announced it will be exiting the “crowded crypto exchange space” by shuttering part of its operations. In a Monday announcement, Eqonex said it will close trading on its crypto exchange on Aug. 22, while users will be allowed to withdraw funds until Sept. 14. The firm said the […]

Scroll to Top