Blockchain
Sell USDT in Dubai Service Is Now Available at SUID
Dubai, United Arab Emirates–(Newsfile Corp. – November 9, 2022) – SUID now enables locals and foreigners to sell USDT (tether) in Dubai, the United Arab Emirates, for cash. SUID becomes the crypto-to-cash and cash-to-crypto solution in the region.
The importance of digital currencies increases with support from the government. Some crypto exchanges got licenses in UAE to provide the cryptocurrency exchange service and this is the acceleration period for the adoption of cryptocurrencies. As the demand for digital currencies rises in Dubai, SUID launched a new service to provide fast and reliable cryptocurrency services for cryptocurrency enthusiasts.
SUID Enables Crypto Enthusiasts to Cash out USDT in Dubai
By serving as a crypto OTC in Dubai, SUID enables cryptocurrency enthusiasts to easily buy and sell USDT (tether) in Dubai for cash. The obvious reason for the introduction of the new services is the wide range of implementation of digital currencies worldwide. And this trend has deep roots in Dubai. Especially crypto startups established in Dubai and the high demand by those businesses spurs the growth of the business in the heart of Dubai.
The provided service by SUID is established by professionals in the crypto sphere. The professional team delivers first-class crypto and blockchain solutions. According to the website, the service is fulfilled within a few minutes. This is the way to prove how the team is dedicated to the job in the office. Visitors can get USD, AED, or Euro in other different currencies.
Instructions to sell USDT (tether) in Dubai
SUID enables individuals to sell USDT with a streamlined process. It is required to bring ID or passports to the office if individuals want to sell USDT for cash in Dubai. The straightforward process includes only 3 steps:
- Visit the SUID office in Dubai after arranging a meeting with a phone call or via WhatsApp/Telegram
- Transfer Bitcoin from the visitor’s wallet
- Get cash proportional amount to Bitcoin
SUID enables locals and also foreigners to sell USDT in Dubai. It means that citizens of different countries can sell USDT in Dubai. SUID allows people to sell USDT and get fiat money such as AED (United Arab Emirates Dirham), US dollars, Euro, and some other currencies.
About SUID
SUID (Sell USDT in Dubai) is the crypto OTC in Dubai the United Arab Emirates. As the main service area, the crypto OTC shop enables crypto lovers to buy and sell digital currencies in Dubai. People can buy and sell more than 1000+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) in Dubai with cash. Fast and secure service is ensured by the professional staff.
Company Name: SUID
Address: Exchange Tower 10th floor, Office # 1004 – Business Bay – Dubai – United Arab Emirates
Phone: +971529886273
Email: [email protected]
Contact Person: Ilyas Jacobs
Contact Person title: Marketing Assistant
City, Country: Dubai, the UAE
Website: https://sellusdtindubai.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143714
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Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
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