Headlines

US Treasury targets Iran’s crypto sector in sanctions push

The U.S. Treasury Department has launched Operation Economic Outcast to target Iran’s international financial links, including cryptocurrency activity that American officials say supports sanctions evasion and the Islamic Revolutionary Guard Corps. Summary Operation Economic Outcast covers cryptocurrency, technology, gold, aviation, shipping and other financial channels. OFAC can sanction people operating in Iran’s crypto sector, regardless…

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Tether CEO Says USDT Drives Trade Across Emerging Markets

Key Takeaways Developing economies increasingly rely on USDT for commerce and hedging against failing local currencies. Reports indicate Venezuela used stablecoins for oil exports, while Bolivia evaluates legal integration. This widespread adoption has propelled Tether’s market capitalization past the $180 billion mark. Tether Highlights Developing Countries’ Heavy Reliance on USDT Stablecoins have become a key…

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