CrypLogger.com
  • Home
  • Exclusive
  • Learn About Coins
  • Artificial Intelligence
  • Forecasts
  • News
  • Opinions
  • Current Prices
No Result
View All Result
  • Home
  • Exclusive
  • Learn About Coins
  • Artificial Intelligence
  • Forecasts
  • News
  • Opinions
  • Current Prices
No Result
View All Result
CrypLogger
No Result
View All Result
Home Opinions

sanctions against Tornado Cash are unprecedented

by Vaibhav
August 19, 2022
in Opinions
0
New York will ban biased AI systems for recruiting
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Introduction of Tornado Cash Crypto Mixer to the sanctions list has no examples and threatens privacy and innovation. About it in an interview CoinDesk said member of the US House of Representatives Tom Emmer.

The legislator doubted the rightness OFAC.

“This is an unprecedented shift in sanctions policy. OFAC’s priority is to protect national security. Congress could ask the agency to reiterate its position that sanctioned addresses are controlled by people, not code. It also needs to be explored what this means for privacy and innovation rights.” he said.

According to Emmer, sanctions against Tornado Cash have sparked internal debate over the industry’s oversight. He told his colleagues that he doubted the quality of this work by the departments.

When it comes to digital assets, it should be up to Congress to determine “what fits the definition of cash, commodities and/or securities” and which agency should be responsible for regulating each, Emmer explained.

See also  Edward Snowden criticized NFT game developers for creating scarcity

congressman again criticized politics SEC. He noted that the Commission acts as a “body for extortion.”

Emmer predicted no changes to cryptocurrency legislation in the remaining 28 days of Congress this year. He called it “highly likely” that there will be regulatory clarity going forward.

Recall, Kraken CEO Jess Powell named sanctions against Tornado Cash are “unconstitutional”.

Former members decentralized autonomous organization Tornado DAO called on the community hire a team of lawyers to challenge the blocking of the service in court.

Later on intent challenge US-imposed restrictions said the crypto-industry-focused advocacy organization Coin Center.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

Related articles

Robert Kiyosaki Predicted Bitcoin Growth to $500,000

Robert Kiyosaki recommended buying bitcoin before the “crash landing”

March 15, 2023
The crypto community is worried about the collapse of banks

regulators let banks know that cryptocurrencies are toxic

March 14, 2023

Introduction of Tornado Cash Crypto Mixer to the sanctions list has no examples and threatens privacy and innovation. About it in an interview CoinDesk said member of the US House of Representatives Tom Emmer.

See also  The Wolf of Wall Street called Bitcoin a hedge against inflation

The legislator doubted the rightness OFAC.

“This is an unprecedented shift in sanctions policy. OFAC’s priority is to protect national security. Congress could ask the agency to reiterate its position that sanctioned addresses are controlled by people, not code. It also needs to be explored what this means for privacy and innovation rights.” he said.

According to Emmer, sanctions against Tornado Cash have sparked internal debate over the industry’s oversight. He told his colleagues that he doubted the quality of this work by the departments.

When it comes to digital assets, it should be up to Congress to determine “what fits the definition of cash, commodities and/or securities” and which agency should be responsible for regulating each, Emmer explained.

See also  Economist Urges China to Reconsider Total Bitcoin Ban

congressman again criticized politics SEC. He noted that the Commission acts as a “body for extortion.”

Emmer predicted no changes to cryptocurrency legislation in the remaining 28 days of Congress this year. He called it “highly likely” that there will be regulatory clarity going forward.

Recall, Kraken CEO Jess Powell named sanctions against Tornado Cash are “unconstitutional”.

Former members decentralized autonomous organization Tornado DAO called on the community hire a team of lawyers to challenge the blocking of the service in court.

Later on intent challenge US-imposed restrictions said the crypto-industry-focused advocacy organization Coin Center.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

Share76Tweet47

Related Posts

Robert Kiyosaki Predicted Bitcoin Growth to $500,000

Robert Kiyosaki recommended buying bitcoin before the “crash landing”

by Vaibhav
March 15, 2023
0

Rich Dad Poor Dad bestselling author and entrepreneur Robert Kiyosaki has once again called for investing in gold, silver and...

The crypto community is worried about the collapse of banks

regulators let banks know that cryptocurrencies are toxic

by Vaibhav
March 14, 2023
0

Signature Bank resolved the outflow of deposits by the time the New York state regulator decided to close the financial...

The crypto community is worried about the collapse of banks

The crypto community is worried about the collapse of banks

by Vaibhav
March 13, 2023
0

The problems of three banks - Silvergate Bank, Signature Bank and Silicon Valley Bank (SVB) - have raised concerns among...

Bill Gates doubts the breakthrough potential of the metaverses

Bill Gates called AI the “most important” innovation of our time

by Vaibhav
March 12, 2023
0

Improvements in artificial intelligence are the "most important" innovation at the moment. This was stated by billionaire and founder of...

Steve Wozniak warned about “terrible mistakes” ChatGPT

Steve Wozniak warned about “terrible mistakes” ChatGPT

by Vaibhav
March 11, 2023
0

Apple co-founder Steve Wozniak advised caution about ChatGPT, developed by OpenAI. He stated this on the air of the TV...

Load More

Recent News

  • Nigeria set limits on cash withdrawals
  • Trade in Trump’s NFT collection is angry after the court
  • Paraguay denied miners the status of industry participants
  • Chainlink launches LINK token staking
  • Daily: Venture goes to Web3 – Stream with Hypra Fund
  • FSB takes control of the crypto industry. Why is this disturbing…
  • Tether launches offshore yuan-pegged stablecoin
  • Spain opens tender for wholesale CBDC operations
  • The court ordered Celsius to transfer $44 million to customers from depository accounts
  • Coinbase CEO Expects 50% Drop in Revenue
  • US to Check SBF for TerraUSD and Luna Market Manipulation
  • ConstitutionDAO2 wants to buy a copy of the US Constitution
  • DEX SushiSwap is facing a shortage of funds. The price of the exchange token fell…
  • Over 3,600 Bitcoin ATMs Shut Down, Record Monthly Drop
  • Ankr to allocate $15 million to pay off HAY mined due to exploit
  • The ECB proposes to ban tokens with “excessive environmental…
  • “Agenda on the table.” Frida can be forcibly escorted to…
  • In Ukraine, an underground mining farm was disguised as a studio
  • Binance Labs Invests in DeFi Security Startup GoPlus Security
  • Decentraland allowed owners to rent out property

Follow Us On Twitter

  • Home
  • About Us
  • CCPA
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms of Use
Email: contact@cryplogger.com

© 2021-23 Cryplogger.com
CrypLogger is a cult magazine about bitcoin, blockchain technology and the digital economy. Every day we supply news and analytics on the cryptocurrency market since 2021.

No Result
View All Result
  • Home
  • Artificial Intelligence
  • Forecasts
  • News
  • Opinions

© 2021-23 Cryplogger.com
CrypLogger is a cult magazine about bitcoin, blockchain technology and the digital economy. Every day we supply news and analytics on the cryptocurrency market since 2021.

Go to mobile version