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March 27, 2025

Crypto Industry Unites Against Government Overreach in Tornado Cash Case

In response to the controversial interpretation of laws surrounding Tornado Cash, a coalition of 34 crypto companies, including industry giants like Coinbase and Kraken, has voiced their concerns to the U.S. Congress. They accused the Department of Justice of generating legal ambiguity by overlooking FinCEN’s guidelines regarding non-custodial developers. This collective action underscores the industry’s push for clearer regulations.

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