Tag: Crypto regulation
The Treasury Department of the United States prohibited recently Tornado Cash, a method for mixing Ethereum tokens. Tornado Cash pools transactions to obscure their origins and make it more difficult to ascertain where digital currency was being transported.
Now, an anonymous troll is sending Ethereum to celebrities from a Tornado Cash wallet, ostensibly to demonstrate how difficult it would be for the United States government to enforce...
The US bans the Ethereum mixing tool Tornado Cash
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In a notice made on Monday, the US Treasury Department placed the Tornado Cash website and a huge variety of Ethereum addresses on its Specially Designated Nationals list, prohibiting American citizens from utilizing the service or doing transactions with these addresses.
What is Tornado Cash?
Tornado Cash is an Ethereum network “mixer.” It enables Ethereum users to transmit ether (ETH) or ERC-20 tokens to the service to be...
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