Moscow targets traders importing Tether's USDT from abroad
Photo: Cryptopolitan
Russia’s banks have started cracking down on cryptocurrency traders obtaining Tether abroad and selling it for cash on the domestic market. The stablecoin is quite popular in the Russian Federation, where sanctions are limiting access to fiat finances and traditional cross-border payments. The dollar-pegged token is one of the three leading cryptocurrencies recently approved for...
Source: Cryptopolitan
