US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.
Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.
NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity.
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
According to PANews, zkSNACKs, the development company behind the privacy-enhanced Bitcoin wallet Wasabi Wallet, has announced an indefinite ban on its products for users in the United States. This decision is likely triggered by the arrest of the founder of Samourai Wallet earlier this week. As per the company's announcement, the ban will be enforced through the use of an IP address firewall, preventing users from the US and related regions from accessing its website, downloading, and using the Wasabi Wallet, as well as any related products and services, including API and RPC interfaces. The company cited 'recent statements issued by US authorities' as the reason for this decision.
The potential partnership comes amid increased regulatory scrutiny for both companies.
According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.
Google Cloud recently launched a Web3 portal with testnet tools, blockchain data sets, and learning resources for developers, and it has received mixed reactions from the crypto industry.
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States.