According to ChainCatcher, Coinbase CEO Brian Armstrong recently commented on the U.S. Treasury Department's lifting of sanctions on Tornado Cash on social media: "No one wants to see criminals using cryptocurrency. However, privacy is an important function for many law-abiding citizens, and you cannot sanction open-source code (this is a free speech issue). I'm glad this issue has been resolved."
He added: "We look forward to working with the Treasury Department to find ways to combat the approximately 0.1% of illegal activities in the cryptocurrency field (far lower than cash or banking systems), with methods that comply with U.S. law and values."
Previous report, according to the Special Designated Nationals (SDN) list update announcement released by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on March 21, multiple Ethereum addresses related to Tornado Cash have been removed from the sanctions list.
