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UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange

Terence Zimwara

29 March 2024

UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto ExchangeThe U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign currency for Russia. Russia Sanctions Busting The U.K. and the U.S. are reportedly reviewing cryptocurrency transactions valued at $20 […]


Regulation
Crypto
Cryptocurrency
russia sanctions
Stablecoin
Tether

https://news.bitcoin.com/uk-us-probe-20b-in-usdt-transfers-by-sanctioned-russian-crypto-exchange/

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