Tag: stablecoin
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US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according...
UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
The UK Financial Conduct Authority (FCA) announced that it intends to recover the equivalent of $8 million in costs stemming from the supervision...
