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US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
The Treasury-led Financial Stability Oversight Council has responded to President Joe Biden’s executive order with calls for greater regulatory reach into markets, crypto firms’ affiliates and outside service providers.
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data
XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
California Moves Forward to Allow Vital Records to be Issued on Blockchain
Governor Gavin Newsom signed a law this week that establishes a blockchain option for delivering individuals’ records, such as birth and marriage certificates
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
Requiring validators and others to censor blocks would be an unwarranted expansion of sanctions law.
Crypto Exchange FTX Is Moving Its US Headquarters From Chicago to Miami
The exchange has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million.
DARPA to Research Risks of Crypto to National Security in Partnership With Inca Digital
Inca will develop a crypto ecosystem mapping tool to analyze crypto financial data and risk.
Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts
A motion filed by lawyers says the Celsius bankruptcy is “all about the customers” and “without regard for the equity holders.”
US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.
Crypto-Mixing Service Tornado Cash Code Is Back on GitHub
The move by GitHub comes as Ethereum developers have called for platforms that host the mixer service to not ban Tornado Cash code.
Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
The DOJ says James Wolfgramm gained the trust of his victims by flaunting images on his social media of digital wallets filled with millions of dollars of crypto, among other lures.
