Treasury Says Tornado Cash Users Can Apply To Get Crypto

By Sarah Jarvis (September 13, 2022, 9:00 PM EDT) — Crypto investors who started but didn’t complete transactions involving the Tornado Cash platform before it was sanctioned by the U.S. Department of the Treasury last month can request licenses to complete their dealings, the department said in guidance released Tuesday.

The Treasury said in a series of frequently asked questions and answers posted on its website that those in the U.S. or conducting transactions in U.S. jurisdiction can request licenses from the Office of Foreign Asset Control “to engage in transactions involving the subject virtual currency.”

Applicants should be ready to provide “all relevant information regarding these transactions with Tornado Cash,…

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