U.S. Treasury Department Issues Answers to Tornado Cash Sanctions, Does Not Prohibit U.S. Citizens From Copying Open Source Code

The U.S. Department of the Treasury has released new FAQs in response to the Tornado Cash sanctions controversy. “The U.S. sanctions do not prohibit U.S. citizens from copying open source code and making it available online for viewing by others, as well as discussing, teaching, or incorporating open source code into written publications, such as textbooks,” the Treasury Department said. Issues with the application process for cryptocurrency users in the Tornado Cash mixing pool. The Office of Foreign Assets Control (OFAC) said it will adopt a favorable licensing policy for such applications as long as the transaction does not involve other sanctionable conduct.