Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why

Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why


The Daily Hodl
2022-08-25 18:41:42

The issuer of the most widely used stablecoin says it is not freezing addresses linked to sanctioned crypto mixer Tornado Cash. Early this month, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced that it is banning Americans from using the Tornado Cash, claiming that the service is a national security threat. In a […]The post Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why appeared first on The Daily Hodl.