As founders of crypto mixing services continue being prosecuted by the U.S. Department of Justice, Congressmen are now pushing for a temporary ban on such services.
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
As founders of crypto mixing services continue being prosecuted by the U.S. Department of Justice, Congressmen are now pushing for a temporary ban on such services.
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
Progress may not happen soon. Just like London — which faces political uncertainty as an election looms — Washington is likely to grind to a standstill as the presidential battle heats up.
For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered.
This week, the governor of the Philippines Central Bank (BSP), Eli M. Remolona Jr. made
During a campaign speech, Trump promised not to allow CBDC issuance. Experts disagree on how the results of the upcoming elections will impact the future of the crypto industry in the U.S.
