Tether: Will freeze addresses related to sanctioned entities in Venezuela
A spokesperson for Tether stated that despite reports that Venezuela's state-owned oil company is using its stablecoin to bypass sanctions, the company is still committed to stopping transactions related to sanctioned entities by the Office of Foreign Assets Control (OFAC). The spokesperson said, "Tether respects the OFAC SDN list and is committed to ensuring that sanctioned addresses are immediately frozen."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
