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Senate report says Iran uses Tether to evade sanctions
Original: Senate report claims Iran is using Tether's stablecoin to evade sanctions https://www.engadget.com/2272053/senate-report
A US Senate report alleges Iran is using Tether's stablecoin to move money and circumvent international sanctions. The claim puts fresh scrutiny on the world's largest stablecoin issuer and its role in cross-border finance, reviving debate over how crypto is used by sanctioned states and whether issuers can effectively freeze or block such flows.
Why now: The report renews regulatory and political pressure on Tether over stablecoins' use in sanctions evasion.
Evidence
- Senate report claims Iran is using Tether's stablecoin to evade sanctions https://www.engadget.com/2272053/senate-report-claims-iran-is-using-tethers-stablecoin-to-evade-sanctions/ # Crypto # Finance # News · engadget@robot.villas · 2
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