The Daily Hodl: U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto
The U.S. Treasury Department has updated its policy on Ethereum-based crypto mixing service Tornado Cash. The Office of Foreign Assets Control (OFAC) imposed the ban on August 8th arguing that the protocol facilitated money laundering and terrorism. The move from OFAC effectively suspended transactions leaving users unable to withdraw their funds. In a new statement, […]
The post U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto appeared first on The Daily Hodl.
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