US Treasury Lifts Sanctions In opposition to Ethereum Mixer Twister Money

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The US Treasury introduced Friday that it has delisted Ethereum coin mixing service Twister Money from its record of events sanctioned by the Workplace of Overseas Property Management, or OFAC, reversing course after first blacklisting the service in 2022.

"Primarily based on the Administration’s overview of the novel authorized and coverage points raised by use of economic sanctions towards monetary and industrial exercise occurring inside evolving know-how and authorized environments, we have now exercised our discretion to take away the financial sanctions towards Twister Money as mirrored in Treasury’s Monday submitting in Van Loon v. Division of the Treasury," the Treasury mentioned Friday.

Editor's be aware: This story is breaking and shall be up to date with extra particulars.

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