Precedent

Commenting on sanctions levied on Tornado Cash by the US government, Charles Hoskinson, founder of Cardano, said it is a ‘dangerous regulatory precedent.’ To the unfamiliar, the U.S Treasury Department has prohibited the use of the crypto mixing service...

Cardano founder Charles Hoskinson says that the US government banning Tornado Cash sets a dangerous regulatory precedent. Earlier this month, the U.S. Treasury Department banned Americans from using the crypto mixing service, citing national security concerns as the agency claims...