DOJ Opposes Dismissal of Tornado Cash Co-founder’s Charges
The DOJ has objected to a motion filed to dismiss charges of conspiracy and money laundering against Tornado Cash co-founder Roman Storm.
FBI Issues Warning Against Unregistered Crypto Money Transmitting Services
The FBI is warning American citizens to avoid using unregistered crypto money transmitting services that do not comply with federal law and anti-money laundering regulations.
S&P Global: US Banks Will Enter the Stablecoin Market
A new bill focused on stablecoins has been introduced to the US Senate, which S&P Global Ratings believes could prompt banks to enter the stablecoin market.
IRS Releases Draft Form for Reporting Digital Currencies Sales
The IRS has released an initial version of a tax form for intermediaries and exchanges to report specific sales of digital assets.
Kraken Purchases Crypto Division of US Online Brokerage Firm
Kraken has purchased the cryptocurrency division of TradeStation, an online brokerage, in an effort to expand its services in the United States.
The US Senate Proposes New Bill on Stablecoins
Senators Kirsten Gillibrand of New York and Cynthia Lummis of Wyoming have jointly introduced a bill in the Senate regulating stablecoin payments.
Coinbase Submits Interlocutory Appeal in Legal Battle Against SEC
Coinbase has filed a motion appealing a court’s decision made last month, which allowed a lawsuit involving the SEC and the exchange to proceed without being dismissed.
