Tether Initiates New ‘Voluntary Wallet-Freezing Policy’ To Combat Sanctioned Actors

Tether, the largest stablecoin issuer in the world, has launched a new wallet-freezing policy that aims to combat activity connected with entities sanctioned by US regulators. In an announcement, Tether says the initiative targets persons on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List. Tether also says that the move is...