Tether will freeze addresses related to sanctioned entities in Venezuela

2024-04-23 23:12:49
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ChainCatcher news, according to Cointelegraph, a Tether spokesperson stated that reports indicate Venezuela's state oil company is using its stablecoin to circumvent sanctions, and the company will freeze addresses related to sanctioned entities, committing to halt payments associated with entities sanctioned by the Office of Foreign Assets Control (OFAC).

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