U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was ...

The U.S. Department of the Treasury has lifted its sanctions against the Ethereum-based crypto mixer Tornado Cash.

In this article, we delve into what Tornado Cash is, why it was created, and why its removal from the US sanctions list could be a harbinger of change for the fintech industry as a whole.

we have exercised our discretion to remove the economic sanctions against Tornado Cash," Treasury stated in its announcement. As part of this action, over 100 Ethereum wallet addresses associated ...

Brody said the US Treasury’s Office of Foreign Assets Control (OFAC) sanctions on the crypto mixing service Tornado Cash “had a chilling effect on legitimate business user interest.” ...

Last month, the U.S. Treasury Department's Office of Foreign Asset Control delisted Tornado Cash from its sanctions list, months after an appeals court ruled that the watchdog could not designate the ...

U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers.