US Treasury Department sanctions a piece of code Crypto feels like those teenage years when every experience feels massive and pivotal.
The age of firsts. Today we witness the first time regulators take on a protocol, and like everything in crypto, like in teenage years, it feels like a defining moment.
The OFAC included mixer Tornado Cash in their SDN list in what is the first time a regulator sanctions a protocol, somehow. Let’s unpack things.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.