Friday, 24 March, 2023

Privacy software is limited by US sanctions, crypto firms claim

<p>The cryptocurrency sector is protesting the US Treasury Department&#39;s decision to impose sanctions on a company accused of assisting in the laundering of billions of dollars, some of which went to North Korean hackers. The Tornado Cash virtual currency mixing company was sanctioned by the Treasury Department earlier this month for allegedly helping to launder more than $7B in virtual currency since its establishment in 2019.</p>