Day: April 1, 2025

OFAC Sanctions

Tornado Cash Freed from OFAC Sanctions, But Security Concerns Linger

In a surprising turn of events, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced its decision to lift long-standing financial sanctions on Tornado Cash, a notorious cryptocurrency mixing service that anonymizes transactions on the Ethereum blockchain. The decision, announced on March 21, 2025, marks a significant shift in the regulatory landscape for privacy-focused […]

Read More