U.S. Lifts Sanctions on Tornado Cash Amidst Ongoing Crypto Developments
March 22, 2025 Location: Global In a significant shift in cryptocurrency regulation, the U.S. Treasury Department has removed Tornado Cash, a cryptocurrency mixer, from its sanctions list. Initially blacklisted in 2022 for allegedly laundering over $7 billion, including funds stolen by North Korean hackers, the sanctions were lifted following legal challenges and policy reviews. Despite…