Tornado Cash users file appeal over judgment in favor of US Treasury
The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court. Go to Source
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APEC finance ministers to share perspectives on crypto at meeting in San Francisco
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries. Go to Source
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space. Go to Source
U.S. FSC to discuss illicit activity in crypto at upcoming hearing
Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing. Go to Source
Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown
The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought. Go to Source
BlackRock ETH ETF helps price past $2k; community sees BTC ETF as ‘done deal’
BlackRock has previously also filed for a Bitcoin ETF, for which the SEC approval window is currently open until Nov. 17. Go to Source
SafeMoon CEO bail release goes on hold after Feds cite flight risk
Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections. Go to Source
China AI chip market finds expansion paths despite US export restrictions
The U.S. imposed export restrictions of high-level AI chips to China last October, though Chinese companies are now finding new options to develop their technology. Go to Source
U.S. lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain
Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. Go to Source
Maine state treasurer to focus on handling abandoned cryptocurrency accounts
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property. Go to Source