Tornado Cash Sanctions Lifted by US Treasury Following Legal Reassessment
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The US Treasury Department has removed Tornado Cash from its sanctions list after a legal reassessment, though concerns about the crypto mixer's potential for illicit activities remain. The decision follows recent court rulings challenging the original sanctions and reflects the complex regulatory landscape for cryptocurrency platforms.
March 24, 2025 | 12:45 pm
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The lifting of sanctions could provide temporary positive sentiment for Tornado Cash's token, though ongoing security and regulatory concerns persist.
Sanctions removal typically signals reduced legal risk, which could positively impact token valuation. However, continued restrictions on the founder and past security concerns temper potential gains.
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IMPORTANCE 85
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