Tether Halts USDT Redemption For Select Singapore Customers

Tether Halts USDT Redemption For Select Singapore Customers

Tether states that ‘Cake DeFi’ was founded to be controlled by another corporation in Singapore, not to redeem USDT. Reportedly, Tether’s service (ToS) conditions in Singapore have been modified. A 25 September email from the CEO of the decentralized finance protocol Cake DeFi reveals modifications to the company’s terms of service prohibiting certain customer bases […]