Sanctions


Finance

Coinbase CEO Suggests Exchange Won't Censor Transactions on Ethereum

Brian Armstrong expressed his preference not to censor transactions to and from sanctioned addresses after the blockchain's transition to proof-of-stake.

Coinbase CEO Brian Armstrong (CoinDesk)

Opinyon

The Downside of Sanctioning Tornado Cash

OFAC’s blacklisting of an Ethereum smart contract stands to compromise innocent users’ privacy while doing little to stop bad actors.

It's not the tornado that's the villain in "The Wizard of Oz," it's the witches. Similarly, Tornado Cash is different than the bad actors who may have used it. (W. W. Denslow /University of Virginia Library).

Policy

Tornado Cash Sanctions Are Spiraling Into Compliance Nightmares

The crypto mixer’s sanctions issue raises many questions.

No one knows exactly what the fallout from the Tornado Cash sanctions will look like. (Antonio Masiello/Getty Images)

Policy

Tornado Cash US Ban Is ‘Bad Precedent,’ but Monero Was ‘Made for This’: Cake Wallet Exec

Justin Ehrenhofer, vice president of operations at Cake Wallet, joined CoinDesk TV’s “First Mover,” to discuss the implications of government regulation when it comes to privacy coins.

"It's a bad precedent," Justin Ehrenhofer, vice president of operations at Cake Wallet, said regarding the recent sanctions of Tornado Cash, on CoinDesk TV's "First Mover."

Opinyon

Stop Attacking DeFi Founders for Complying With the Tornado Cash Sanction

Crypto projects are being criticized for censoring use of their websites.

(Andrew Seaman/Unsplash, modified by CoinDesk)

Policy

Issues Crypto Should Watch For in the Tornado Cash Sanctions

OFAC sanctioning Tornado Cash presents fascinating new questions about crypto’s role in nuclear weapons proliferation.

U.S. Treasury Department (Chip Somodevilla/Getty Images, modified by CoinDesk)

Finance

Tornado Cash's Discord Appears to go Dark

The crypto mixer's website seems to be offline for some users as well.

(Nikolas Noonan/Unsplash)

Finance

Rune Christensen Details How MakerDAO Is Navigating Tornado Cash Sanctions

The DAO founder sees a new era ahead for DeFi, and it isn't pretty, he told CoinDesk TV’s “First Mover” program

“We don't really know if we can really rely on working closely with governments in the long run, which has so far really been the strategy of major DeFi projects like Maker,” Rune Christensen said on CoinDesk TV's "First Mover" show. 
(Thomas Lipke via Unsplash)

Finance

Crypto Exchange dYdX Blocked Accounts That Received Even Small Amounts From Tornado Cash

Many users were locked out even though they had no idea they had received funds from the crypto mixer.

Crypto exchange dYdX blocked accounts with a Tornado Cash association. (Thom Milkovic/Unsplash)