BlockBeats News, July 5th, Ethereum founder Vitalik wrote that, "In an interview with Tornado Cash co-founder Roman Storm (on whom we are very dependent), the 2019 FinCEN (Financial Crimes Enforcement Network) guidance clearly stated that service providers of anonymization software are not subject to money transmission business licensing regulation. This leads us to believe that what we are developing should not put us in a high-risk position). His trial will begin in 10 days."
Today, the news of backdoor-free message privacy has been widely accepted, and many business and government officials also regularly use tools like Signal. Considering that we frequently see centralized databases being breached today, enhancing privacy protection in areas such as payments, identity, artificial intelligence, among others, should not be seen as a need to "balance" between privacy and security—it is an important part of security itself.
I hope that the United States can take the lead in making a world that is more secure, freer, and less prone to data leaks a reality. And the first step taken is to send a clear signal to developers: this important work is welcomed."
