Tornado Cash Crackdown Shows the Limits of Regulating Cryptocurrency Services

The U.S. sanctioning of a popular cryptocurrency platform this week has exposed technical gaps in the government’s ability to thwart criminals, national enemies, and enemies, analysts say. extremist groups use the service to launder money and fund their operations, analysts said.

Among the main challenges: Cryptocurrency platforms are increasingly run by computer code distributed on computers around the worldAnalysts said instead of individuals facilitating transactions.

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