Small Argentine Businesses Now Accept USDT Payments Thanks to Tether-KriptonMarket Partnership
• The U.S. Department of Justice (DOJ) recently charged a man from Nevada for his involvement in a $45 million CoinDeal crypto scheme.
• The U.S. Treasury Department also sanctioned the CEO of Huriya over their connections with Russia.
• Worldcoin is facing privacy concerns as an iris scan black market has emerged for biometric verification.
DOJ Charges Nevada Man Involved in Crypto Scheme
The U.S. Department of Justice (DOJ) recently charged a man from Nevada for his involvement in a $45 million CoinDeal crypto scheme, which involved laundering money through cryptocurrency transactions and other digital assets. Additionally, the U.S. Treasury Department sanctioned the CEO of Huriya over their connections with Russia, citing financial ties to terrorist groups and other criminal activities as justification for the action taken against them.
Worldcoin Faces Privacy Concerns
Worldcoin is facing privacy concerns as an iris scan black market has emerged for biometric verification, allowing criminals to bypass traditional security measures such as passwords or PINs that are typically used to authenticate online accounts and transactions. Cardano’s Hoskinson also called Ethereum Classic „a scam“ after Ergo’s exclusion from Proof-of-Work Summit due to its lack of decentralization features compared to other networks like Bitcoin and Ethereum itself, questioning its legitimacy in the process.
Tether Partnership with KriptonMarket
Tether has entered into a partnership with fiat on/off ramp solution KriptonMarket that will allow local businesses in Argentina to accept payments in USDT (US Dollar Tether). This will enable merchants at Central Market of Buenos Aires – consisting of 900 wholesale merchants and 50 retailers – to pay bills and part of employee salaries using USDT amid high inflation rates affecting Argentinians’ savings each month at 8%.
The potential benefits this new partnership between Tether and KriptonMarket brings include providing more stability when making payments; enabling small business owners to save money by avoiding fees imposed by banks or cash withdrawals; helping people maintain privacy when making payments; reducing time spent waiting on funds transfers; eliminating currency conversion costs often associated with international payments; and giving businesses access to global markets without having to worry about exchange rate fluctuations or restrictions imposed by governments or central banks on foreign currency purchases or transfers abroad .
The recent partnership between Tether and KriptonMarket could bring significant benefits not only for Argentinian businesses but also users around the world who are looking for secure ways to make payments without having to incur extra costs associated with traditional methods such as bank fees or exchange rate changes due to conversions between different currencies