TORN Removed from US Sanctions List Fuels Price Surge

21.03.2025 20:32
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash from its Specially Designated Nationals (SDN) list, easing regulatory pressure on the altcoin TORN. This decision came after Tornado Cash addresses were removed from the sanctions list, resulting in a swift and significant rise in the coin’s price. The announcement has sparked renewed investor interest in TORN as market participants interpret the removal as a signal of reduced legal risk. The clear regulatory green light is seen as a catalyst for future adoption and trading activity, with traders responding rapidly based on historical precedents where similar regulatory clarifications led to short-term rallies and long-term bullish sentiment.