Fintechs already have the talent, the ingenuity and after a decade of challenger success with innovations like Wise’s borderless accounts, Stripe’s one-click checkout and Revolut’s multi-currency ...
In 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted DeFi crypto mixer Tornado Cash with sanctions, claiming the platform had laundered over $7 billion. At ...
A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN. Update (Nov. 27 at 4:50 am UTC): This article ...