Congress Moves to Regulate Stablecoins, Temporarily Bans Some Digital Assets

A discussion draft introduced by Hill and Steil imposes a temporary ban on certain stablecoins while assessing market risks. The US House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have introduced a discussion draft for the Stablecoin Transparency and Accountability for a Better Ledger...

Alexey Pertsev to Be Released from Prison Today With an Electronic Monitor

With Pertsev now under electronic monitoring, his appeal could set a precedent for how courts treat privacy-focused crypto developers. Alexey Pertsev will be released from prison today under electronic monitoring as he continues to appeal his money laundering conviction linked to Tornado Cash. His release comes after months of unsuccessful...

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