Former CFTC Chair: Stablecoins similar to Terra's UST Need ‘Very Strict’ Regulation and Consumer Protection
Former CFTC Chairman Timothy Massad comments on the Terra LUNA fiasco and why he suggests "very strict" regulation and consumer protection on similar algorithmic stablecoins. Plus, the impact of Tornado Cash's sanctions on future regulation.
Bitcoin Erases 3 Weeks of Gains: What Happened?
Bitcoin (BTC) erased three weeks of gains after plunging 8.4%, its biggest single-digit decline in two months. CoinDesk’s Brad Keoun and Christie Harkin discuss the market sell-off. Plus, why bitcoiners should pay attention to the Tornado Cash U.S. sanction.
DOJ Calls for Independent Examiner in Celsius Bankruptcy Case
The U.S. Trustee office overseeing Celsius’ bankruptcy proceedings has asked that an independent examiner be appointed to look into the crypto lender’s collapse into bankruptcy. Hodder Law Firm Founder Sasha Hodder discusses the legal implications of the Celsius case and the potential concerns with CEO Alex Mashinsky.
Rep. Tom Emmer: Tornado Cash Sanctions 'Unprecedented Shift'
Rep. Tom Emmer (R-Minn.) discusses the U.S. Treasury blacklisting crypto mixer Tornado Cash. The congressman explains why lawmakers have to get their act together to inquire into what this "unprecedented shift" in policy means for privacy rights and digital innovation.
Why This Professor Is Making Donations Using Crypto Mixer Tornado Cash After US Ban
Columbia Business School Adjunct Professor and “Re-Architecting Trust” Author Omid Malekan is taking a stand against the U.S. Treasury’s blacklisting of Tornado Cash by making donations using the crypto mixer. Malekan joins “First Mover” to explain what he hopes to achieve.
Tornado Cash Sanctions Send Ripple Effect Across Crypto Industry
“The Hash” panel discusses the U.S. Treasury department’s blacklisting of cryptocurrency mixer Tornado Cash and the potential ramifications across the broader crypto market.
What Are Crypto Mixers? Are They Legal?
The U.S. Treasury Department blacklisted crypto mixer Tornado Cash for its use in several illicit schemes by North Korea. These tools, also known as blenders, can enhance user privacy, but have long been abused to launder money. Here’s a look at how different types of crypto mixers work.