BBX Logo

Coinbase CEO responds to Tornado Cash's partial removal of addresses from sanctions list: Privacy is an important requirement for legitimate users

2025-03-21 15:52

Odaily Planet Daily News: Regarding the removal of Tornado Cash addresses from the US Treasury Department's OFAC sanctions list, Coinbase CEO Brian Armstrong said, "No one wants bad people to use cryptocurrency, but privacy is an important feature for many law-abiding citizens, and open source code cannot be censored (this is a freedom of speech issue) - it's great to see this issue fixed He added that Coinbase looks forward to working with the Treasury Department to find solutions to combat the approximately 0.1% illegal activities in cryptocurrency, which is much lower than cash or the traditional banking system, without violating US laws and values.

Loading...