Regulation

Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions
Coin Center is backing a second lawsuit against the U.S. Treasury Department, alleging its sanctioning of Tornado Cash overstepped legal bounds.

Blockchain.com Wins Singapore License
The news means two exchanges in two days – Coinbase the other one – have received in-principle approval to operate in that country.

Crypto Mixers Haven't 'Slowed' DOJ Investigations, Director Says
U.S. Department of Justice Crypto Enforcement Team Director Eun Young Choi said mixers cause a "multiplier effect" but aren't "necessarily" slowing investigations down.

SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.

Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement
Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017.

Blockfusion's Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances
As soon as the city's moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.

'Comprehensive' International Crypto Rules Proposed by Influential Finance Watchdog
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.

EU Commission Launches Proposal for Study of Automated DeFi Supervision
The study is the latest in a series of moves in a regulatory push across the bloc.

Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report.

What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
The Financial Stability Oversight Council published its own report on crypto regulations, calling for Congress to designate a spot market regulator.
