DOJ presses Tornado Cash prosecution as Treasury drops mixer reporting plan

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The DOJ is continuing its prosecution of Tornado Cash, while Treasury has abandoned a separate plan that would have required financial institutions to report transactions involving crypto mixers. The developments point to a split in U.S. policy: criminal enforcement remains active even as a proposed broad reporting mandate is dropped. For Bitcoin, this reduces the prospect of that specific compliance burden but leaves uncertainty over how authorities will treat privacy tools and mixer-related activity.

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