Tornado Cash: What are coin mixers? Why are privacy advocates against their ban?

Tornado Cash: What are coin mixers? Why are privacy advocates against their ban?

The US Department of Treasure has banned the use of Tornado Cash crypto mixer stating that it has been used to launder more than $7 billion worth of cryptocurrency since its creation in 2019. The banning of mixers has resulted in wide outrage against the US government. Privacy advocates call it a tool for ‘anonymity’ […]

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Russia to improve crypto transaction monitoring as regulation draws closer

Russia to improve crypto transaction monitoring as regulation draws closer

Russia’s financial monitoring agency wants to improve its systems and identify transactions and blockchains that are currently hidden Russia’s financial monitoring agency wants to improve its systems and identify transactions and blockchains that are currently hidden Russia’s financial monitoring agency, Rosfinmonitoring, said on Friday it was using software to track cryptocurrency transactions and hopes to […]

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