X users highlighted Tether’s recent change in terms of service comes amid a major crypto money laundering scandal in Singapore.
Hosp in his X post noted that based on the recent mail, they are not sure whether they would be able to redeem USDT into USD due to being in Singapore.
The key changes to the ToS of Tether include restricting its onboarding standards and “corporates controlled by another entity, directors, and shareholders residing in Singapore are no longer permitted to be Tether customers." The term “controlled by another entity” confused many in the crypto community including Cake DeFi which was informed that they “are controlled by another corporation in Singapore. Accordingly, you will not be permitted to be issued or redeemed from the platform."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Singapore Records Crypto Asset Seizures Worth $28M in Major Money Laundering CaseSingapore authorities seized $1.76 billion in assets and cash, which includes over $28 million worth of cryptocurrency.
Baca lebih lajut »
Singapore Aug core inflation rises 3.4% By ReutersSingapore Aug core inflation rises 3.4%
Baca lebih lajut »
Singapore CPI inflation eases slightly in August, core inflation down By Investing.comSingapore CPI inflation eases slightly in August, core inflation down
Baca lebih lajut »
Binance.US scores against SEC, Mt. Gox delay repayments, and other news: Hodler’s Digest, Sept. 17-23Binance.US scores temporary win against the SEC, Mt. Gox repayments delayed to 2024, and Tether's $1B liquidity to Tron network.
Baca lebih lajut »
'Who should I hire? Will I get rich?' Fortune telling is a booming business in SingaporeFrom wealth, to weddings, and who to work with, more and more people are turning to fortune telling in Singapore.
Baca lebih lajut »
F1 live updates: Max Verstappen looks to get back to winning ways at Japanese Grand PrixAfter a disastrous — by their lofty standards — weekend in Singapore, Red Bull and Max Verstappen appear poised to resume their dominance at the Japanese Grand Prix.
Baca lebih lajut »