In a significant legal development, a U.S. appellate court has reversed the sanctions imposed by the Treasury Department’s Office of Foreign Assets Control (OFAC) on Tornado Cash's smart contracts.
This ruling marks a landmark decision regarding the legality and enforcement of sanctions related to blockchain-based technologies, and could have broad implications for the crypto industry.
The decision addresses the complexities of applying traditional financial regulations to decentralized finance platforms and smart contract technologies.
स्रोत: en.bitcoinhaber.net ↗