📚 Treasury Says Sanctions on Tornado Cash Don't Stop People From Sharing Code

The U.S. Treasury is clarifying some of the details of its sanctions on decentralized crypto mixer Tornado Cash, including the right to disseminate the code involved. From a report: "U.S. persons would not be prohibited by U.S. sanctions regulations from copying the open-source code and making it available online for others to view, as well as discussing, teaching about, or including open-source code in written publications, such as textbooks, absent additional facts," FAQs posted on September 13 say. The new guidance further outlines a process for applications from users with crypto stranded in Tornado Cash's mixing pools. "OFAC would have a favorable licensing policy towards such applications, provided that the transaction did not involve other sanctionable conduct," the FAQs say of Treasury's Office of Foreign Asset Control. The clarification from the Treasury follows six individuals suing it over the sanctions last week. Coinbase is bankrolling the lawsuit.

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