By accessing the Tornado Cash website, copying the mixer’s open-source code, or making the code accessible online or in print, residents wouldn’t be breaking any rules.
In accordance with a few restrictions, “interacting” with the open-source code of cryptocurrency mixer Tornado Cash would not be considered to be infringing on OFAC sanctions, according to the US Department of the Treasury.
The Treasury Department addressed certain queries regarding the contentious Tornado Cash mixer that were raised by numerous American-based cryptocurrency users in the advisory it provided to its frequently asked questions sites on Tuesday. The government department claims that duplicating the mixer’s code, making it accessible online, or publishing it in another way would not be against the law for Americans.
“U.S. U.S. sanctions restrictions would not prevent people from browsing the Tornado Cash historical website’s Internet archives or from visiting the Tornado Cash website if it were to reactivate, according to the Treasury Department.
Users were allowed to engage with the Tornado Cash code generally as long as they didn’t involve any banned transactions, according to the Treasury. Before sanctions took effect on August 8, those who started transactions using the mixer could apply for an OFAC licence to finish them or to withdraw their funds:
If the transaction did not contain any additional sanctionable conduct, OFAC would have a friendly licencing stance toward such applications.
Many platforms removed or curtailed the activity of people connected to Tornado Cash, creating an impression of confusion over U.S. sanctions and how businesses were supposed to comply. Roman Semenov, a co-founder of the mixer, said on August 8 that his GitHub account had been suspended. When asked at the time, “Is developing an open source code now illegal?,” he stated that his contacts with Tornado Cash’s code might have contributed to the issue. ”