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

The U.S. Treasury on Friday lifted economic sanctions against Tornado Cash, a firm that makes cryptocurrency transactions harder to track, which the Biden administration had accused of helping ...

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 ...

In late 2022, former President Biden authorized the Treasury’s Office of Foreign Assets Control, which oversees various economic-based sanctions programs, to sanction Tornado Cash under the ...

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.