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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Tornado Cash Now Placed Under US OFAC Sanctions

The United States Treasury Department has barred Tornado Cash from offering any form of transactions to individuals in the US.

by Godfrey Benjamin
Aug 09, 2022

CRYPTOCURRENCY

Tornado Cash Now Placed Under US OFAC Sanctions

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