The U.S. Court of Appeals for the Fifth Circuit has reversed a lower court's decision that upheld sanctions against Tornado Cash, a decentralized cryptocurrency mixer. This reversal brings the legal and regulatory status of Tornado Cash back into the spotlight.
The ruling challenges the authority of the U.S. Treasury Department's Office in sanctioning cryptocurrency mixers. This decision has significant implications for the ongoing debate about privacy and regulatory limits within the cryptocurrency sector.
The 2022 sanctions against Tornado Cash were initially imposed by the U.S. Treasury Department. The recent appeals court decision may alter the trajectory of how privacy tools in the cryptocurrency space are treated under U.S. law, highlighting the tensions between privacy rights and regulatory enforcement.
Источник: news.bitcoin.com ↗