A Victory for Privacy: U.S. Treasury Drops Tornado Cash Sanctions

TL;DR The U.S. Department of the Treasury has officially lifted the sanctions against Tornado Cash, reversing its 2022 decision. The move follows a court ruling that determined Tornado Cash’s smart contracts do not qualify as sanctionable “foreign property.” The TORN token surged over 58% after the announcement, marking what many see as a major win ... source: https://crypto-economy.com/a-victory-for-privacy-u-s-treasury-drops-tornado-cash-sanctions/