Crypto News

The decision reverses a lower court ruling and marks a significant win for privacy advocates and blockchain developers seeking legal clarity.Source link

Rumble has committed up to $20 million in bitcoin as a treasury asset, citing its potential as an inflation hedge and key to strategic expansion in the digital economy. Rumble Adopts Bitcoin as Treasury Asset in Strategic Shift Rumble, a video-sharing and cloud services platform, has taken a bold step to diversify its corporate treasurySource link

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. The ruling reversed a district court's August ruling that had sided with the government's pursuit of what it had characterized as a "notorious" crypto-mixing service."Tornado Cash’s immutable smart contracts (the lines of privacy-enabling software code) are not the 'property' of a foreign national or entity," according to a U.S. Court of Appeals for the 5th Circuit ruling, so they can't be blocked under the International Emergency...

David Bailey, CEO of BTC Inc. and one of the crypto aides of President-Elect Trump’s campaign, has referred to the newfound state of the crypto as a determinant element among single-issue voters. Bailey reported that during this election, the crypto block moved to deliver over 3 million voters, spending over $200 million. Nonetheless, this influenceSource link

The founder's comments are part of a wider debate regarding meme coin creators boosting low-cap altcoins with extreme and risky stunts.Source link