Americans Banned From Using Crypto-Mixing Service Tornado Cash

CoinDesk published this video item, entitled “Americans Banned From Using Crypto-Mixing Service Tornado Cash” – below is their description.

The U.S. Treasury Department banned all Americans from using decentralized crypto mixing service Tornado Cash on Monday. The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds. “The Hash” panel discusses what this means for online privacy in the crypto space.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto

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