Tether ($USDT) Implements Wallet-Freezing Policy to Address Security Concerns
Tether introduced a wallet-freezing policy on 9 December 2023. Tether is a major player in the crypto space, known for issuing the Tether token (USDT), which is a type of stablecoin. Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to another asset, typically a fiat currency.
Read More...Tether’s New Wallet-Freezing Policy: What Holders Need to Know
Tether rolls out a new wallet-freezing policy to combat cybercrime and sanctioned wallets.
Read More...Swiss City Lugano Now Accepts Bitcoin and Tether for Municipal Taxes
By incorporating crypto as a payment option, Lugano aligns itself with three other Swiss cities and cantons that already embrace crypto payments.
Read More...Tether Freezes 41 Crypto Wallets Tied to Sanctions
Stabelcoin issuer Tether blacklisted 41 wallets controlled by people on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List on Saturday.
Read More...Tether Enhances Security by Targeting OFAC-Listed Wallets
Tether, the company behind the prominent stablecoin, has announced a significant policy shift in its approach to regulatory compliance and cooperation with law enforcement agencies. In a recent blog post dated December 9, Tether revealed its initiative to voluntarily freeze wallets associated with individuals or entities on the United States Office of Foreign Assets Control
Read More...Tether announces new wallet-freezing policy to boost security—what you need to know
Tether, the company responsible for the largest stablecoin in the cryptocurrency market, has taken a proactive step in its security measures by announcing a new wallet-freezing policy today. This initiative, decided on December 1, 2023, aligns with the U.S.
Read More...Tether announces wallet-freezing policy for OFAC-sanctioned persons
Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States.
Read More...Tether freezes all OFAC-sanctioned wallets in ‘proactive’ security measure
Sanctioned individuals, along with Tornado Cash’s contract addresses, have been officially cut off from the world’s largest stablecoin.
Read More...Palau’s Successful Pilot: Ripple-Supported Stablecoin Gains Traction
The Ministry of Finance in Palau has declared the first phase of its Palau Stablecoin (PSC) Program a resounding success. The program pegged to the U.S. dollar, garnered positive responses from 168 volunteers who engaged in retail purchases using the Palau Stablecoin over three months.
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