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Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash

Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening…

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Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The…

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Bank of Russia Says Stablecoins Are Not Suitable for Settlements

The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a…

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