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January 22, 2025

Texas Court Dismisses Tornado Cash Sanctions: Key Legal Precedent Set

A significant legal development has occurred as a U.S. court has overturned sanctions placed on Tornado Cash. The ruling emphasizes that the protocolโ€™s immutable smart contracts do not constitute ‘property’ under the law. This decision could open new avenues for cryptocurrency protocols and their legal treatment. Stakeholders may want to assess the broader implications of this ruling for future regulatory actions concerning crypto protocols. It raises essential questions about the regulatory landscape around decentralized finance.

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