Federico
Sun Jun 09 2024
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7 answers
1450
Does Brazil use USDT?｜cassio gusson of CoinTelegraph Brasil reports that . Reportedly, the investigations indicate that the stablecoin has been used for money laundering by money changers and individuals acting as peer-to-peer resellers of cryptocurrencies.Brazilian Federal Police are investigating the growing usage of USDT in the country
Does Brazil utilize USDT? According to Cassio Gusson of CoinTelegraph Brasil, the Brazilian Federal Police are delving into the escalating usage of this stablecoin within the nation. It seems that the probe is hinting at its potential use for illicit financial activities, particularly money laundering. Could money changers and those engaged in peer-to-peer cryptocurrency reselling be abusing USDT for such purposes? What measures are being taken by the authorities to combat this trend and safeguard the financial integrity of Brazil? How does this situation reflect on the broader landscape of cryptocurrency regulation and adoption in the country?
