3 days ago
1 min read
Tether Takes Action Against Child Abuse Content Platforms
Tether and INHOPE have joined forces to increase the visibility and control of cryptocurrency payments used to finance child abuse content marketplaces. Through this collaboration, the two organizations are looking to develop a standard practice for the cryptocurrency industry to identify and report illicit marketplaces. Furthermore, Tether is working with law enforcement, financial intelligence units, lawmakers, and standard-setting bodies in order to gain a better understanding of how to identify and report transfers related to online CSAM marketplaces. INHOPE, which has been operating since 1999, has a network of communication hotlines that includes all European Union member states, Russia, South
