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Tether Blocks $873K Fueling Conflict in Israel and Ukrain

source-logo  coingape.com 17 October 2023 08:10, UTC

Tether, a prominent stablecoin firm, recently blocked digital assets worth over $873,000, striking a blow against warfare and terrorism financing in regions like Ukraine and Israel. This action highlights the cryptocurrency industry’s active role in combating illicit fund movements. Moreover, it aligns with broader efforts by other major players in the field, marking a significant shift towards proactive engagement with law enforcement agencies.

coingape.com