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US Congressman submitting letters about the unjustified Tornado Cash sanction to Treasury. Saying "technology is neutral".

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by COINS NEWS 144 Views

US Congressman Tom Emmer has submitted a letter directly to the Treasury Secretary, Yellen, demanding to justify the sanctions against Tornado Cash a few days ago. He also notes that decentralized technology will be a new challenge for regulatories to sanction as "technology is neutral" and "expectation of privacy is normal".

Firstly, I don't think that this will do much as he will likely just get ignored, that's sadly how stuff is at the White House as we have seen in the history. But seeing the first questions being raised against such really unjustified steps is good. We now know that there is a chance to raise legal questions against this as many other lawsuits have also been filed.

submitted by /u/partymsl
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