Tornado Cash Crackdown Shows the Limits of Cryptocurrency Services Regulation

The US sanctioning of a leading cryptocurrency platform this week exposed technical flaws in the government’s ability to stop criminals, domestic adversaries and extremist groups from using the services to launder money. money and fund their operations, analysts said.

Among the key challenges: Cryptocurrency platforms are increasingly run by computer code distributed on computers around the world, rather than individuals facilitating transactions, analysts said.


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