United States of America: US Treasury Sanctions Against Tornado Cash
Progress
Current status
concluded
21 Mar 2025 concluded
08 Aug 2022 in force
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
US Treasury removed sanctions against Tornado Cash
On 21 March 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed Tornado Cash and its associated Ethereum (ETH) wallet addresses from the Specially Designated Nationals and Blocked Persons List (SDN Li…
SourceEvent type
investigation
Action type
closure
Government branch
executive
Government body
central government
US Treasury adopts Sanctions Against Tornado Cash
On 8 August 2022, the US Treasury adopted sanctions against virtual currency mixer Tornado Cash as a result of it being used for money laundering activities. The Treasury designated Tornado Cash as having assisted "a cyber-enabled activity" from out…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
central government