(Reuters) - 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 ...

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.

The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. “Based on the ...

The U.S. Treasury has lifted economic sanctions on Ethereum mixer Tornado Cash, citing a reassessment of legal and policy issues in evolving digital financial environments. The decision follows a ...

This article US Treasury Lifts Sanctions on Tornado Cash initially appeared on Bitcoin Magazine and was authored by Juan Galt . Crypto Investing Risk Warning Crypto assets are highly volatile.

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 ...

Tornado Cash, a cryptocurrency “mixer” designed to make it more difficult to track cryptocurrency transactions, was sanctioned by the Biden administration and made illegal due to its usage in ...

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.

This episode is sponsored by Nexo.io, Chainalysis, FTX US and NEAR ... on Monday that it was adding Tornado Cash and associated addresses to its sanctions list. It is seemingly the first ...

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.