Tag: U.S. Treasury

A recent report by U.S. Treasury economists reveals that low-income households with significant cryptocurrency exposure are seeing substantial increases in mortgage and auto loan originations and balances. The report suggests that profits from crypto investments are helping these households obtain larger loans, especially for purchasing homes. “Zip codes with the ...

Six individuals have filed new charges in a lawsuit challenging the U.S. Treasury Department's decision to penalize Tornado Cash, a cryptocurrency mixer.  The six plaintiffs involved, Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale, and Nate Welch, put forth new arguments on May 24, 2023, highlighting ...