While all eyes were on Jackson Hole this week – where updates from Fed Chairman Jerome Powell were fairly minimal – a more obscure but highly noteworthy regulatory headline hit the wire: the Department of Justice filed money laundering charges against two developers of Tornado Cash, an open source, non-custodial cryptocurrency anonymizing service intended to enhance user privacy.
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While all eyes were on Jackson Hole this week – where updates from Fed Chairman Jerome Powell were fairly minimal – a more obscure but highly noteworthy regulatory headline hit the wire: the Department of Justice filed money laundering charges against two developers of Tornado Cash, an open source, non-custodial cryptocurrency anonymizing service intended to enhance user privacy.