The People’s Bank of China (PBoC) office in Huizhou City announced Thursday, October 23rd, that three gambling sites were shut down and 77 individuals were arrested in connection with alleged money laundering. The allegations involve the suspects taking advantage of Tether USDT, a cryptocurrency pegged to the US Dollar, in their attempts to “whitewash” or The post China Cracks Down: How Will Tether Adapt to Tighter Enforcement? appeared first on Coingape.
