An influential decision by a US appeals court declared that the Treasury Department’s Office of Foreign Assets Control (OFAC) exceeded its authority in its actions against the cryptocurrency Tornado Cash. This ruling signifies a major victory for the crypto community, emphasizing regulatory boundaries.
In the wake of this decision, the price of the TORN token, Tornado Cash's native cryptocurrency, saw a substantial increase, reflecting heightened investor confidence and interest. The market responded positively to the court's ruling, highlighting the impact regulatory decisions can have on cryptocurrency valuations.
Kaynak: en.bitcoinsistemi.com ↗
