A United States court has made a significant ruling, determining that smart contracts cannot be subjected to sanctions. This decision comes as various cryptocurrencies, including Bitcoin and Solana, experience gains.
The ruling has had a notable impact on Tornado Cash, a decentralized privacy solution platform, leading to an extraordinary 1,300% surge in its native token, TORN.
This verdict marks a pivotal moment for blockchain technology and decentralized finance, highlighting the growing recognition and legal challenges surrounding smart contracts.