Cryptocurrency Q&A Is Tornado Cash still banned?

Is Tornado Cash still banned?

CryptoVanguard CryptoVanguard Mon Sep 23 2024 | 7 answers 1945
So, let me get this straight, you're asking if Tornado Cash is still under a ban? This is quite a pertinent question given the recent developments in the crypto space and the scrutiny on privacy-focused projects. From what I've been keeping tabs on, Tornado Cash did face sanctions from various regulators, including the U.S. Treasury Department's Office of Foreign Assets Control (OFAC), for allegedly facilitating the laundering of funds stolen in cryptocurrency hacks. These sanctions essentially banned Americans from interacting with the platform. But as for the global picture, the status might vary depending on individual jurisdictions and regulatory frameworks. Are you asking from a specific regional or legal perspective? Is Tornado Cash still banned?

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