The Node
The Hard Truths and Worrying Consequences of the Tornado Cash Verdict
Developer Alexey Pertsev was sentenced today to 64 months in prison. His prosecution makes sense from a law enforcement point of view, even if the implications are horrible for anyone creating a product that could be used for unforeseen uses.

Why, for Some, Crypto Is the Defining Political Issue of Our Times
It’d be foolish for people to vote against their own interests.

Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”

Crypto Is an Election Issue This Year. Is That a Good Thing?
A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November.

What Visa’s ‘Organic’ Stablecoin Report Misses
A new metric co-developed by the payments giant says only 10% of stablecoin transactions in April were “real” or “organic.” But the methodology appears to leave out some key use cases.

The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.

The Dollar Won, but Might the U.S. Lose Control of the Dollar?
We have a world currency already: it's the dollar. Do we want to keep it that way?

CZ’s Trial Proves It Pays to Cooperate
His four-month sentence was vindication for the Binance founder’s legal strategy.


