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Regulations
US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
Treasury's sanctions watchdog sanctioned Tornado Cash earlier this month on allegations it helped North Korea's Lazarus Group launder millions of stolen crypto funds.
RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
The central bank has maintained banning cryptocurrency is the most suitable choice for India.
No Safety Net From Crypto Collapses, German Regulator Warns
The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.
Crypto Exchange Coinbase Faces Class Action Lawsuit Over Alleged Lapses in Security
A class action lawsuit filed in a federal court in Georgia alleges the crypto exchange failed to secure users' accounts against theft and hacks, and seeks damages upwards of $5 million.
South Korea Plans to Tax Crypto Airdrop Recipients: Report
The government said crypto airdrops count as gifts under tax legislation.
Tornado Cash Developer's Arrest in the Netherlands Draws Community Protest
After the detention of Alexey Pertsev, campaigners worry holding developers accountable for malicious use of their code could have a dangerous, chilling effect.
Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender
Voyager wanted $1.9 million to pay bonuses to 38 employees it called "essential" to its continued operation.
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
Canada joins U.S. and European authorities in explaining how its supervised entities can engage with crypto.
FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The five companies "made false representations" suggesting crypto products might be FDIC-insured.
South Africa's Central Bank Greenlights Financial Institutions to Serve Crypto Clients
The bank warned against the "wholesale" banning of customers who have digital assets.
