The U.S. Treasury Department lifted its sanctions against cryptocurrency mixer Tornado Cash on Friday after a federal appeals court ruled in November the penalty levied by the agency’s Office of Foreign Assets Control was an overreach.
Cryptocurrency and Digital Assets
Posted inRegulatory Enforcement
New era dawns on crypto industry with SEC dismissal of Coinbase case
The Securities and Exchange Commission dismissed its lead case against the cryptocurrency industry, a lawsuit against crypto exchange Coinbase, signaling an about-face in the agency’s enforcement approach toward digital assets under President Donald Trump.
Posted inCryptocurrency and Digital Assets, Uncategorized
UAE-based crypto solutions provider Scintilla names CCO
Scintilla, a cryptocurrency solutions provider based in the United Arab Emirates, announced the appointment of Janey Schueller as its new chief compliance officer.
Posted inRisk Management
SEC-approved spot bitcoin ETFs come with unique compliance risks
The Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds will provide investors with the same access to bitcoin, bought for cash on the spot market, as they currently have to other investments—for better or worse.