HomeTradingThe Arcane BearUS BANS! Tornado Cash - is USDC Next?

US BANS! Tornado Cash – is USDC Next?

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Be aware, USDC is already on track to become the Central Bank Digital Currency of choice, and as they state, this is not just about tornado cash, but any of the assets that move through it!

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26 COMMENTS

  1. in europe they are writing a law to make kyc mandatory for wallet company and add blockin features effectively dividing bitcoin & eth between kyc coins & non kyc coins.
    (viva monero)

  2. Tornado Cash hides behind offering privacy but the vast majority of tokens which get rug pulled and hacked, funnel their funds through that service. Law enforcement is helpless to help those people recover their funds and scammers get away free, time and again. Anybody who really wants privacy can use P2P services. Those scammers can't effectively launder hundreds of millions through P2P easily, so it's not good for them. Personally, I'm happy with this sanction.

  3. Dont really agree with you that the government should stay out of these issues. That puts a lot of non savvy people at risk of all sorts of manipulation and scams. It really cant be the wild west if its going to succeed in the long term.

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