Treasury Sanctions Currency Mixer Tornado Cash

The video explores the role of Bitcoin in avoiding monetary censorship and the US Treasury's sanctions targeting North Korea's cybercriminal activities. It discusses the balance between privacy and regulation in the crypto space, highlighting Tether's stance on OFAC sanctions. The transparency of blockchain is compared to traditional banking, emphasizing the need for privacy tools like Tornado Cash. Finally, the video examines the US's cautious approach to Central Bank Digital Currencies (CBDCs) amid global competition.

What is the stance of Tether regarding OFAC sanctions and how does it affect their operations?

How does the blockchain provide visibility on financial transactions compared to traditional cash systems?

What are the reasons behind the US's cautious approach to issuing a central bank digital currency (CBDC)?