Tornado Cash: Congress requests information on sanctions policy

in #cryptoforex2 years ago

Tornado Cash: Congress requests information on sanctions policy

image.png

The sanctions imposed by the US Treasury Department on the Tornado Cash open source project have been criticized from all quarters. This is the first time in history that sanctions have been imposed on publicly available computer code.

It is thus forbidden for all American citizens to interact with this platform. Wallets that violate this rule are also blacklisted by US authorities, which in turn is passed on to crypto exchanges. The operators must then technically prevent transactions from being possible with the wallets.

US Congressman Tom Emmer has now asked Treasury Secretary Janet Yellen to explain in detail how the authority came to the decision to sanction

If you liked the article, please like and follow. Thank you

Sort:  

Reshared your post👍 Thanks for growing Crypto Culture🔥

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 66991.04
ETH 3101.80
USDT 1.00
SBD 3.74