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 for privacy and decentralization in the crypto ecosystem. In a decision that has sparked excitement…
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