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Stanford Blockchain Club slams DOJ’s use of archaic laws in Tornado Cash case
The Stanford Blockchain Club has issued a scathing critique of the US Department of Justice’s (DOJ) prosecution of Tornado Cash developers Roman Storm and Roman Semenov, calling it an overreach of outdated federal money transmission laws. дальше »
2024-12-17 01:08 | |
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Tornado Cash smart contracts cleared of OFAC sanctions in latest ruling
A U. S. appeals court ruled that the Treasury exceeded its authority by sanctioning Tornado Cash’s immutable smart contracts, declaring them outside the scope of federal property laws. On Nov. дальше »
2024-11-28 10:45 | |
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Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash
US senators Ron Wyden and Cynthia Lummis sent a letter to the DOJ questioning if services like Samourai Wallet meet the definition of money transmitters under current laws and guidance. The post Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash appeared first on Crypto Briefing. дальше »
2024-5-14 22:07 | |
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The EFF Calls Out OFAC, Ratifies Code Is Speech, Asks For Developers Protection
Does the OFAC not know that code is speech? Yesterday, we covered the EFF’s demands for clarity around the Tornado Cash situation and the case they’re defending. Today, we’ll dig into a simple idea, the reason code is protected under free speech laws. дальше »
2022-8-24 11:29 | |
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China Has No Final Date for Launch of e-CNY, the ‘Cash Substitute’ with Smart Contract Feature Aiming for Internationalization
Declining use of cash and rapid rise in crypto, especially stablecoins, drove POC’s digital fiat development, which will coexist with physical RMB. In its whitepaper, e-CNY claims to offer anonymity for small value and collects less transaction information than traditional electronic payment unless, of course, “stipulated otherwise in laws and regulations. дальше »
2021-7-17 19:04 | |
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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News. дальше »
2020-5-24 04:05 | |
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Gemini’s Winklevoss Twins, Coinbase CEO Among Founding Donors Of Crypto Lobbyist Group
HODL PAC, founded by Tyler Whirty of VC firm, the Takoma Group, has since raised over $20,000 USD from various investors within and without the crypto community. The PAC hopes to bring change in congressional laws regarding crypto and blockchain by helping electing crypto minded leaders. дальше »
2020-3-24 18:42 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Groundbreaking Chase Bank Lawsuit Verdict Could See NY Federal Judge Rule ‘Crypto is Cash’
By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to. дальше »
2019-4-26 09:08 | |
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Bitcoin Trader Sentenced to Two-Year Prison Term
Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business. дальше »
2019-4-13 18:54 | |
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Philadelphia Bans Cashless Businesses – Bad for Bitcoin?
The Wall Street Journal reports today that Philadelphia is the latest jurisdiction to pass a law against not accepting cash. Most retailers in the city must accept cash beginning in July. Democrats are leading the charge on these laws, viewing them as a way to protect people who don’t have credit or debit cards. дальше »
2019-3-8 05:15 | |
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Bitcoin Cash Price Analysis: BCH Adds $100 Million in Less than 24 Hours, Roger Ver Verdict on Segwit
Latest Bitcoin Cash News Vlad Zamfir, a researcher with the Ethereum Foundation, laid out three crypto laws. Of the three, there is one that stands out. He prefers calling that the Nick Szabo’s law. дальше »
2019-2-7 15:00 | |
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Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments
Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. дальше »
2019-1-29 21:15 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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The New York and California Way: How Countries in the U.S. Are Taxing Bitcoin
Despite research showing that millions of Americans hold cryptocurrencies, only a few states have actually enacted tax laws or issued concrete guidance on how to deal with the relatively new phenomenon, Bloomberg Tax reported on September 12. дальше »
2018-9-13 15:00 | |
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DoJ Sentences Women Trading In ‘Bitcoin For Cash’ To One Year In Prison
A women cryptocurrency trader, “Bitcoin Maven”, was sentenced to 366 days prison term by the Department of Justice (DoJ) for practising the trade without a valid license. In news of perhaps the first conviction of women coin trader, the DoJ held Theresa Lynn Tetley, aged 50 years for intentionally breaking financial regulatory rules and laws. дальше »
2018-7-13 16:48 | |
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Bitcoin [BTC] and Bitcoin Cash [BCH] ‘who is better’ controversy
Bitcoin Core is known by its symbol BTC. Since the commencement of BCH, also known as Bitcoin Cash, the group has been bargaining laws. The question of ‘Who is better’ is something BCH has been fighting to prove to the crypto-world. дальше »
2018-6-22 10:27 | |
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