Blockchain News

Critical Crypto Crackdown: Tether and Circle Freeze USDT Over OFAC Sanctions

The world of stablecoins just saw a significant action demonstrating the growing intersection of traditional finance regulation and the digital asset space. Leading stablecoin issuers Tether and Circle have implemented a targeted Tether USDT freeze and Circle USDT freeze on addresses linked to a firm recently sanctioned by U.S. authorities. Understanding the Impact of Crypto […]

Blockchain News

Tornado Cash Achieves Crucial Legal Victory as US Treasury Sanctions Ruled Unlawful

Big news just dropped from a Texas federal court that could have significant implications for the world of decentralized finance and, specifically, for users of Tornado Cash. In a landmark ruling, a judge has declared that the U.S. Treasury Department’s sanctions against the crypto mixer were unlawful, permanently blocking the agency from reimposing them. This […]

Blockchain News

Vital Crypto Privacy: Coinbase CEO’s Bold Stance After Tornado Cash Delisting

In a landscape where digital transactions are increasingly scrutinized, the concept of privacy within the cryptocurrency realm has taken center stage. Following the U.S. Treasury Department’s OFAC decision to remove Tornado Cash from its SDN list, Brian Armstrong, CEO of Coinbase, voiced a strong opinion emphasizing the crucial need for crypto privacy for law-abiding users. […]