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Breaking: China Court Rules Restrictions On USDT, Here's Why

source-logo  coingape.com 06 July 2022 10:21, UTC

China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the market as a currency. Thus, the enterprise must pay the arrears of wages and bonuses in Renminbi (RMB).

coingape.com