The Deputy Prime Minister of Ukraine called on Tether to stop working with Russians

Deputy Prime Minister and Minister of Digital Transformation of Ukraine Mikhail Fedorov called on Tether and Technical Director of the issuer Stebelcoin Paolo Ardinino to stop working with Russians because of the war in Ukraine.

Today, The Entire Democratic World Has United Against Russia to Punish The Bloody Invaders Economically. I Call on @tether_to @paoloardoino to Stop Any Transactions with the Russian! For peace!

– Mykhailo Fedorov (@fedorovmykhailo) March 11, 2022

“Today, the whole democratic world has united against Russia to economically punish bloody invaders. I urge Tether to stop any transactions with Russians. For peace!”, – he wrote.

The company did not directly respond to Fedorov, but gave a comment to Coindesk:

“Tether conducts constant market monitoring in order to prevent illegal movements or measures that contradict international sanctions”.

Earlier, Ardoino announced the readiness of the USDT stablecoin to comply with the restrictions introduced by the US authorities in the event of an appropriate order.

The corresponding statement was made by the head of the Bitcoin-Birzhi Coinbase Brian Armstrong. On March 7, the trading platform announced the blocking of more than 25,000 addresses related to Russian individuals and legal entities.

The head of the Kraken cryptocurrency exchange, Jess Powel, Gagarin News said that the authorities with a concerned opportunity to freeze digital assets without a court decision, users should store funds on non -kastodial wallets.

Recall that restrictions on users from Russia introduced cryptocurrency exchanges in Kuna, Whitebit and Cex.IO, as well as the largest trading platforms of South Korea – Bithumb, Upbit, Coinone and Korbit.

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