SEC, FINRA eye crypto, Tornado Cash users demand justice, RWA hits $10 billion TVL
- Crypto remains under the oversight of SEC and FINRA, heads of enforcement confirmed on Monday.
- Market participants urged a Texas federal judge to make clear that the government’s sanctions on Tornado Cash were unlawful.
- RWA sector crosses $10.6 billion in total value of assets locked on-chain, new all-time high.
Crypto continues to remain under the oversight of US financial regulators, the Securities & Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), according to a Law360 report on Monday.
The United States (US) Department of Treasury recently reviewed its legal and policy issues and removed the economic sanctions against Tornado Cash, per a report on its official…