Law and Order

In brief The final ruling prevents the Treasury from reinstating sanctions on Tornado Cash. The judge rejected the government’s claim that voluntary delisting in March made the case moot. The ruling reinforces the Fifth Circuit’s November decision that smart contracts aren’t sanctionable property. A federal court has permanently barred the U.S. Treasury from reimposing sanctions […]

In brief South Korea’s People Power Party has pledged to approve spot crypto ETFs and scrap South Korea’s “one exchange, one bank” rule if they win. The party’s crypto agenda includes corporate crypto trading, stablecoin regulation, and a new Virtual Asset Special Committee this year. The election outcome could decide the fate of reforms, with

Arizona lawmakers have passed two related bills that could make the state a leader in state-level government cryptocurrency investing, provided they are signed into law by Governor Katie Hobbs. The Arizona House passed Senate Bill 1025 on its third reading. Formally known as the “Arizona Strategic Bitcoin Reserve Act,” the House approved it 31-25-4 on

In brief Senators Warren and Schiff urged the Office of Government Ethics to look into the Trump Dinner The letter cites risks of foreign payments through anonymous crypto investments to gain influence The TRUMP token has steadily ticked upwards since the dinner’s announcement Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA) demanded an ethics investigation

In brief Plaintiffs allege in the lawsuit that Nike’s marketing propped up unregistered securities tied to RTFKT NFTs. Investors claim they were blindsided when Nike pulled its support in December 2024. Lawsuit claims consumer protection violations and seeks damages for lost NFT values. The world’s largest sportswear brand, Nike, was sued on Friday with a

In brief Donald Trump is back in the White House as the 47th U.S. President, after running on a pro-crypto platform. But Trump hasn’t always taken this stance: He used to call Bitcoin a “scam” and said he wasn’t a fan. Trump has since launched his own Solana meme coin, multiple NFT collections, and a

Celsius Network founder Alex Mashinsky’s customers want him behind bars for life. More than 200 victim impact statements, many reviewed by Decrypt, have been submitted to U.S. District Judge John G. Koeltl ahead of Mashinsky’s May 8 sentencing, with the overwhelming majority demanding the severest possible punishment for the mastermind behind the failed crypto lender.