Key Takeaways The U.S. Treasury published new guidance on the subject of the Tornado Cash sanctions on its website today. The Treasury acknowledged the possibility that Tornado Cash was used for legit...
Tag: Treasury
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’ – Economics Bitcoin News
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal i...
2-year Treasury yield rises to highest level since 2007
Treasury yields rose on Friday, with the two-year yield rising to its highest level since 2007 as Federal Reserve officials suggested the central bank would likely hike its benchmark rate by another 7...
UK’s Secretary of the Treasury gives strong statements supporting crypto
Join Our Telegram channel to stay up to date on breaking news coverage The Treasury’s Economic Secretary, Richard Fuller, stated that the current regime would want the UK to become the dominant worldw...
Crypto Giant Coinbase Teams up With Tornado Cash Users Suing the U.S. Treasury –
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Crypto Needs Strong Oversight: US Treasury
Yuri Molchan Cryptocurrencies pose threats and risks to investors and they require strong regulation – US Treasury is expected to share in its report Contents Treasury’s report to highlight econ...
Coinbase Backs Tornado Cash Lawsuit Against U.S. Treasury
A group of Tornado Cash users filed a lawsuit against the U.S. Department of Treasury, calling its sanctioning of the EthereumEthereum mixing service an “unprecedented, overbroad action.” ...
Coinbase backs Tornado Cash users as they sue the Department of Treasury
Six users of the cryptocurrency mixer Tornado Cash have sued the U.S. Department of Treasury and other authorities. They sued the latter over the decision to sanction Tornado Cash as of August 2022. T...
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 add...
U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase
A group of Tornado Cash users is suing the U.S. Treasury Department over the decision to add the crypto mixer to the Specifically Designated Nationals and Blocked Persons (SDN) list. In a complaint fi...
Coinbase Sues U.S. Treasury Over Tornado Cash
Coinbase has bankrolled a lawsuit filed against the U.S. Treasury Department and other government officials over the decision to impose sanctions on the crypto mixing tool. Government Department Sued...
Tornado Cash Users Effected By Sanctions Sue The U.S. Treasury Department
The U.S. Treasury Department’s move to blindly put a ban on Tornado Cash consequently brought a lawsuit against Treasury Secretary Jannet Yellen and other officials of its departments. The six affecte...
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...
U.S. Treasury And OFAC Face Lawsuit For Tornado Cash Ban
The U.S. Treasury and OFAC are facing a civil action complaint from investors due to its proscription of mixer Tornado Cash. The Tornado Cash ban has sparked outrage from the broader cryptocurrency co...
Coinbase to Finance User’s Lawsuit Against Treasury Department for Tornado Cash Sanctions
Coinbase is supporting a lawsuit against sanctioning an Ethereum-based crypto mixer, Tornado Cash. The exchange is financing the lawsuit against the U.S. Treasury Department that currently features si...
Coinbase Supports Lawsuit Against U.S Treasury in Tornado Cash Sanction
Exchange News Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against th...
Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions
Coinbase, the largest U.S.-based cryptocurrency exchange, is helping organize and pay the costs of a lawsuit against the U.S. Treasury Department over its sanctions on Tornado Cash. Six individuals, ...
Coinbase backs lawsuit aimed at Treasury’s Tornado Cash sanctions
Several employees of leading crypto exchange Coinbase are filing suit to roll back last month’s Tornado Cash sanctions. Coinbase itself is financially backing the suit. The lawsuit centers on a...
Coinbase Funds Lawsuit Against U.S. Treasury Over Sanctioned Tornado Cash Addresses
Leading U.S.-based crypto exchange Coinbase announced Thursday that it is funding a lawsuit by six individuals against the United States Treasury Department over the recent sanctions on Tornado Cash a...
Coinbase Funds Lawsuit Against Treasury Department for Sanctioning Tornado Cash
America’s largest cryptocurrency exchange is supporting a legal challenge against the U.S. Treasury Department following its sanctions against the privacy protocol Tornado Cash. The lawsuit’s plaintif...
U.S. Treasury Department Faces Lawsuit From Aggrieved Investors for Proscribing Crypto Mixer Tornado Cash
– Advertisement – The U.S. Treasury Department is facing litigation for its previous move to ban Tornado Cash. Aggrieved crypto proponents have filed a lawsuit against the United States ...
Coinbase finances Tornado Cash users’ lawsuit against US Treasury Department
Coinbase is financing a lawsuit filed against the US Treasury Department by six users of sanctioned crypto protocol Tornado Cash, CNBC reported on Sept. 8. The lawsuit argued that the sanctions were a...
Coinbase Backs Lawsuit Against US Treasury
The Treasury sanctioned cryptocurrency mixer Tornado Cash for facilitating money laundering of more than $7 billion worth of digital currencies Six plaintiffs have filed a lawsuit against the Treasury...
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’ – Economics Bitcoin News
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropp...
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 ...
2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe
Tether has responded to concerns raised by a recent article by The Wall Street Journal claiming that the USDT issuer has inadequate reserves. Tether’s financials released on Aug. 25 revealed it has $6...
Cardano Treasury Balance Crosses Over 1 Billion ADA ($497M)
5 hours ago | 2 mins read Altcoin News There are now 1,075 active projects on the Cardano blockchain. Cardano creator Charles Hoskinson said that the Vasil hard fork is imminent. According to Daniel ...
1 Billion ADA Now in Cardano’s Treasury, Vasil Draws Even Closer: Details
As shared by Daniel Ribar of IOG’s Project Catalyst’s Community/Product division, Cardano’s treasury balance has now reached the 1 billion ADA mark, worth almost $437 million at the curren...
Most of the responses to Joe Biden’s crypto executive order are due next week
The bulk of agency responses to President Biden’s executive order are coming due soon. Per the March 9 order, seven reports from agencies are due to the White House 120 days after the release ...
Stocks sink, Treasury yields jump as investors face hawkish Fed
U.S. stocks sank lower to start the week, extending a sell-off that began Friday after hawkish remarks by Fed Chair Jerome Powell at the central bank’s gathering in Jackson Hole. The S&P 500 tumbl...