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 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 ...

Tornado Cash's delisting included smart contract addresses and other components of the overall mixer, and followed November's ...

On March 21, the U.S. Department of the Treasury lifted sanctions against the cryptocurrency mixer Tornado Cash. Tornado Cash is a privacy-intensive crypto mixer built on the Ethereum network that ...

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 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.

The United States (US) Department of Treasury recently reviewed its legal and policy issues and removed the economic sanctions against Tornado Cash, per a report on its official website.

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.