Coin Center Lawyers Say Tornado Cash is Not Property
Coin Center is appealing a previous ruling by the United States district court for Northern Florida, which determined that Tornado Cash generates indirect advantages for foreign entities and individuals that qualify as a financial interest subject to sanctions from the Office of Foreign Assets Control (OFAC). Jeffrey S. Hetzel, the legal counsel for Coin Center, […]
Coin Centre Group Expresses Concern Over Stablecoin Bill
Coin Center, a US-based advocacy organization for cryptos, has raised concerns regarding the Senate establishing a regulatory bill for stablecoins. Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act . According to the legislation, Coin Center argued in an April 19 notice that the proposed prohibition on algorithmic stablecoins would be […]