Tether announces new wallet-freezing policy to boost security—what you need to know

Tether, the company responsible for the largest stablecoin in the cryptocurrency market, has taken a proactive step in its security measures by announcing a new wallet-freezing policy today. This initiative, decided on December 1, 2023, aligns with the U.S. Office of Foreign Asset Controls (OFAC) regulations, particularly focusing on individuals on the Specially Designated Nationals…

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