Coin Center’s Recommendations for US Crypto Tax Legislation

Cryptocurrency advocacy group Coin Center has provided suggestions for United States lawmakers to consider in potential legislation related to taxation of digital assets. In an Aug. 21 letter to Senators Ron Wyden and Mike Crapo, Coin Center pointed to the Virtual Currency Tax Fairness Act — a bi ...

U.S. District Court Dismisses Lawsuit Challenging Sanctions on Crypto-Mixer Tornado Cash

The U.S. District Court for the Western District of Texas has dismissed a lawsuit by users of crypto-mixer Tornado Cash who claim the U.S. Treasury Department overstepped its authority by imposing sanctions on the service. Judge Robert Pitman dismissed a lawsuit filed by six Tornado Cash users ...