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US targets $17 billion Russia-linked crypto payment network using USDT as an escape route

CryptoSlate
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US targets $17 billion Russia-linked crypto payment network using USDT as an escape route

OFAC’s October 1 designation expands blocking sanctions to the broader network, while FinCEN’s separate sub-agent transfer restriction remains proposed. The post US targets $17 billion Russia-linked crypto payment network using USDT as an escape route appeared first on CryptoSlate.

Key Takeaways

  1. OFAC’s October 1 designation expands blocking sanctions to the broader network, while FinCEN’s separate sub-agent transfer restriction remains proposed.
  2. The post US targets $17 billion Russia-linked crypto payment network using USDT as an escape route appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.