Frank Corva

Frank Corva
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https://frankcorva.substack.com/
Frank Corva is the Political Correspondent for Bitcoin Magazine.

Tornado Cash Trial Day 2: Prosecution and Defense Tell Different Stores about Roman Storm

With a jury finalized, the prosecution and defense made their opening statements, each featuring a very different slant on Tornado Cash co-founder Roman Storm’s intentions in creating Tornado Cash.

Tornado Cash Trial Begins with Discussions around Motions In Limine and Data Custodians

The judge addressed questions and requests from the defense regarding updated motions and the legitimacy of certain data that will be used as evidence in the case.

Takeaways from the Final Tornado Cash Status Conference Hearing

In a virtual hearing, the judge presiding over the Tornado Cash case didn't mince words as she highlighted what she plans to focus on as trial begins next week.

Myths Busted And Conflicts of Interest Noted at Senate Banking Crypto Market Structure Hearing

U.S. senators and crypto specialists propose stipulations for digital asset market structure legislation while highlighting the reality of illicit financing on public blockchains and noting the Trump family’s crypto dealings.

U.S. Court Brings Coin Center’s Tornado Cash Appeal To A Close

Coin Center’s appeal to the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) regarding Tornado Cash is now over.

Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

Long-time Bitcoin advocate Senator Cynthia Lummis (R-WY) has drafted a bill that allows Bitcoin enthusiasts to spend small amounts of bitcoin without incurring capital gains taxes (which is very cool), but many — including myself — feel that the spending limits in the bill are too low.

The One Big Beautiful Act Passes in the U.S. Senate — Without Bitcoin Tax Amendment

Despite a push from Senator Cynthia Lummis (R-WY), an amendment regarding de minimus capital gains exemption on crypto spending was not included in the version of the One Big Beautiful Act that passed in the Senate.

Panelists at Senate Banking Hearing on Crypto Market Structure Call for Regulation ASAP

Members of the crypto industry and digital asset specialists argue that if the U.S. doesn’t pass legislation on digital asset market structure soon, it might cede authority to legal regimes from other countries.

The CLARITY Act Shouldn’t Be Included in the GENIUS Act Say Senator Hagerty, Analysts

Senator Bill Hagerty (R-TN), the main sponsor for the GENIUS Act, and policy analysts from the Bitcoin Policy Institute and Galaxy Digital believe that combining the GENIUS Act with the CLARITY Act as the former heads to the House floor for a vote will lower the likelihood of it passing.

Senator Hagerty’s Vision Beyond The GENIUS Act: Make Tennessee A Hub For Bitcoin Mining

While currently focused on stablecoin legislation, the Tennessee senator also has plans for Bitcoin mining and AI data centers in his home state.

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