The Fifth Circuit Court has ruled that U.S. Treasury sanctions on Tornado Cash, a cryptocurrency tool, are unlawful. This verdict is hailed by Coinbase's legal chief as a significant victory for privacy and liberty in the crypto domain.
The court's decision is a pivotal moment for the cryptocurrency industry, emphasizing the protection of privacy rights within digital finance.
This landmark ruling reinforces the ethical and legal boundaries concerning governmental overreach in sanctioning blockchain technology applications.
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