Ukrainian Deputy PM Asks Stablecoin Issuer Tether to Stop All Transactions by Russians

Ukraine’s Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov has called on stablecoin issuer Tether to stop all Russian transactions.

March 11 Stating that the whole world united to impose economic sanctions on Russia, he shared on Twitter on Federovstablecoin issuer Tethercalling out to Suspension of all Russian operations requested.

Today, the entire democratic world is united against Russia to punish the bloody invaders economically. From here I call on Tether to stop all Russian operations! For peace!

The company, which has not yet directly responded to Federov’s request, CoinDeskin a statement to “Tether conducts continuous market monitoring to ensure that there are no irregular moves or measures that could violate international sanctions.” made statements.

Federovalso before blocking all Russian users from cryptocurrency exchanges had requested. Kraken, Binance and Coinbase responded negatively to this request, but in the following days Binance and Coinbase In line with the demands received by the governments, some sanctions began to be implemented.

After Russia launched special operations 100 million dollars It is known that Ukraine, which collects crypto donations, meets military needs with a large part of these donations.

source site-9