November 27, 2024 at 12:40 PM GST updated: November 27, 2024 at 11:44 AM 2 mins read News Court rules Tornado Cash smart contracts aren’t property, blocking OFAC’s sanctions under current law. Ruling affirms open-source software can’t be sanctioned, offering privacy protections for crypto users. Decision challenges outdated laws, urging updates to address the complexities…
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions,…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits: uncensorability. Latam Insights Encore: Venezuelan Situation Shows Bitcoin’s Utility…