Law Decoded, Aug. 8-15: In the eye of Tornado Cash
The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to crypto mixer Tornado Cash to the Specially Designated Nationals list.
South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
Financial Services Commission chair Kim Joo-hyun said a task force will “quickly” review proposed legislation on cryptocurrencies.
Biden is hiring 87,000 new IRS agents — and they’re coming for you
Get ready for the IRS to unleash its new army against you and other American taxpayers.
Voyager creditors oppose $1.9M employee retention proposal
Voyager Digital filed a motion to the United States Bankruptcy Court to distribute $1.9 million to 38 key employees on Aug. 2.
Coinbase secures crypto asset service provider approval in Italy
Coinbase has obtained the Crypto Asset Service Provider approval from the Italian Anti-Money Laundering regulator known as Organismo Agenti e Mediatori.
Kim Kardashian legal team files motion to dismiss EthereumMax crypto lawsuit
Kim Kardashian's legal team moves to dismiss the EthereumMax class-action complaint in a joint motion alongside other defendants.
US lawmaker calls for Apple and Google to provide info on fake crypto apps
Senate Banking Committee chair Sherrod Brown called on Apple CEO Tim Cook and Alphabet CEO Sundar Pichai for the steps the tech giants were taking in the approval of crypto apps.
Dutch authorities arrest suspected Tornado Cash developer
Financial crime investigators in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash.
European Central Bank bets on CBDCs over BTC for cross-border payments
The ECB recognized CBDCs as a better fit for cross-border payments owing to greater compatibility with forex exchange (FX) conversions.
CFTC poaches Pantera Capital’s legal counsel, citing digital asset experience
Commissioner Goldsmith Romero pointed to Cisewski’s 14 years of experience working across the CFTC, Securities and Exchange Commission (SEC) and crypto venture fund Pantera Capital.
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