Tornado Cash Sanctions Overturned by U.S. Appeals Court

U.S. sanctions against Tornado Cash, a service that anonymizes crypto transactions, must be abandoned, a federal appeals court ruled Tuesday. The decision answers a controversial privacy debate on whether the government — via a sanctions list maintained by the U.S. Treasury Department — has a right to target the technology because it’s associated with criminals….

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NYSE files to list Bitwise’s Bitcoin and Ethereum mixed ETP

NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market’s most established assets. Its market-cap…

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Crypto Market Crash: Will It Bounce Back or Keep Falling?

The cryptocurrency market has faced a notable downturn, losing 2.10% in value over the past 24 hours. The market capitalization now stands at $3.17 trillion, marking its lowest point in five days. This crypto market crash comes as Bitcoin and other major assets witness heavy selling pressure amid global developments, including an easing of tensions…

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Trump in considerations for CFTC to regulate crypto

The U.S. President-elect’s administration is considering the commodity trading authority to take over the crypto regulations. The Commodity Futures Trading Commission (CFTC) is in Donald Trump’s eye to lead the emerging financial industry, cryptocurrency, after the exchange commission weighed on…

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Irani central bank eyes CBDC, fintech progress to combat sanctions

Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure and enhance financial operations, according to local media reports. Central Bank Governor Mohammad Reza Farzin revealed the plans on Nov. 25 at the 11th Annual Conference on Modern Banking and Payment Systems….

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Vanilla Finance Set To Redefine Crypto Trading After Securing its Pre-Seed Investment Round

Vanilla Finance, a decentralized crypto trading platform and the top exchange by trading volume on Telegram, is set to revolutionize cryptocurrency trading. The platform has secured a Pre-Seed Investment Round led by UOB Ventures, Paper Ventures, ABCDE Labs, HTX Ventures, Ocular, Openspace, Y2 Ventures, Signum Capital, and angel investors from STEPN, Scroll, XAI, and Cherry…

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