Court Upholds OFAC’s Designation of Tornado Cash Under IEEPA
The US District Court upheld the OFAC’s designation of Tornado Cash under the IEEPA, rejecting plaintiffs’ claims of overreach and First Amendment violations, highlighting legal challenges for privacy-oriented blockchain entities. (Read More)
ProShares Unveils World’s First Short Ether-Linked ETF
ProShares introduces ProShares Short Ether Strategy ETF (SETH), the world’s first short ether-linked ETF, aiming to profit investors during ether price downtrends, reaffirming the firm’s innovative approach. (Read More)
FCA Unveils Guidance on Cryptoasset Promotions Compliance
The UK’s Financial Conduct Authority has issued a finalised non-handbook guidance on Cryptoasset Financial Promotions, aiming to clarify compliance with new laws and balance consumer protection with innovation for long-term economic growth. (Read More)