A day after the U.S. Treasury Department banned crypto mixer Tornado Cash, Ethereum co-founder Vitalik Buterin tweeted that he used the service to make a donation to support Ukraine. “The Hash” panel discusses the latest Tornado Cash developments and growing concerns over privacy.
The U.S. Treasury department has banned crypto mixer Tornado Cash, claiming it has ties to a hacking organization associated with the North Korean government.
U.S. lawmakers aim to push Fed on digital dollar. Circle freezes smart contract addresses linked to blacklisted Tornado Cash. Hodlnaut freezes withdrawals, swaps and deposits. Zipmex to release specific amounts of bitcoin and ether. Extraordinary Agent Woo production company teams up with Polygon to build NFT community.
The clash between crypto’s privacy ethos and conventional banking regulations continues to escalate on the heels of the U.S. Treasury Department banning all Americans from using decentralized crypto-mixing service Tornado Cash. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the key takeaways and regulatory implications.