๐ U.S. Treasury Lifts Sanctions on Tornado Cash ๐ฐ๐ $BTC $ETH $SOL
๐ Date: March 21, 2025
๐๏ธ Agency: U.S. Department of the Treasury
๐ Impact: Tornado Cashโs native token (TORN) surged ~60% following the announcement.
๐ฅ Key Highlights:
โ Sanctions Removed: Treasury lifts restrictions on the cryptocurrency mixer.
๐ TORN Price Surge: Token price jumped from $7.50 to $15.36 (+75%).
โ๏ธ Legal Battle: Federal appeals court ruled Treasury overstepped its authority.
๐จ Ongoing Concerns: Treasury warns about North Koreaโs cyber threats.
#Crypto ๐ #TornadoCash ๐ #TORN ๐ฐ #USRegulations โ๏ธ #Blockchain ๐ฅ