largest stablecoin USDTThe company behind Tether announced that it will cooperate with the Republic of Uzbekistan to contribute to cryptocurrency regulations.
at this point Tether announced today that a Memorandum of Understanding has been signed with the National Perspective Projects Agency of the Republic of Uzbekistan.
Tether in Uzbekistan cryptocurrencyIt will focus on supporting the development of a legal framework and regulatory policy for AR and facilitate the development and implementation of Uzbekistan’s digital currency.
Tether made the following statements in its statement:
“Tether, the largest company in the cryptocurrency industry, today signed a Memorandum of Understanding (MOU) with the National Perspective Projects Agency (NAPP), which is responsible for crypto regulation and development in the Republic of Uzbekistan.
This strategic collaboration aims to position Uzbekistan as a central hub for peer-to-peer and blockchain technology and spark a revolution of innovation and economic growth.
It also underscores Tether’s commitment to advancing its global strategy to build resilient cities and nations around the world.
“This collaboration aims to explore and promote the development and adoption of blockchain technology, stablecoins and digital asset tokenization in Uzbekistan, while also stimulating economic growth and innovation in the region.”
Tether CEO Paolo Ardoino, “We are excited to collaborate with the National Perspective Ргоjесt Agency (NAPP) of the Republic of Uzbekistan to explore the vast potential of blockchain, stablecoins and peer-to-peer telecommunications technology in Uzbekistan. “This collaboration demonstrates Tether’s commitment to fostering innovation and responsible development of the digital asset ecosystem globally.” said.
Tether signs MOU with National Agency of Perspective Projects (NAPP) of the Republic of Uzbekistan’s to explore and promote the development and adoption of #bitcoinstablecoins, blockchain technology, P2P, and digital asset tokenization in Uzbekistan🇺🇿https://t.co/XpveWOWP6i pic.twitter.com/jBvxEK7Lf5
— Tether (@Tether_to) March 7, 2024
*This is not investment advice.
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