The US Treasury has acknowledged Tornado Cash, marking a significant shift from its previous stance when the Office of Foreign Assets Control (OFAC) imposed a blanket Specially Designated Nationals (SDN) designation on the platform. This recognition, while not an endorsement, highlights a change in the regulatory approach towards the cryptocurrency mixer, which had faced severe sanctions due to concerns over its use in illicit activities.
US Treasury Acknowledges Tornado Cash Amid Past Sanctions
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