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Tornado Cash Ban Will Aid China’s AI Goals

Until my conversation with Mohammed, the chief scientist at privacy-protecting Panther Protocol, the failure to embrace that open approach to crypto policy was a major source of my frustration with the United States’ draconian regulation of crypto projects, where users are compelled to identify themselves, comply with “accredited investor” requirements and meet excessive reporting demands from government authorities. All of that activity, I’ve argued, defeats crypto’s decentralization principles and diminishes its potentially vast value to society.