
U.S. Treasury Lifts Sanctions on Tornado Cash, Reinstating Legal Use
The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens. The decision reverses the August 2022 ban imposed by the Office of Foreign Assets Control (OFAC), which accused the platform of facilitating illicit financial activities, including transactions linked to North Korea’s Lazarus…