Breaking: China Court Rules Restrictions On USDT, Here’s Why

Breaking: China Court Rules Restrictions On USDT, Here’s Why


CoinGape
2022-07-06 13:21:30

China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the market as a currency. Thus, the enterprise must pay the arrears of wages and bonuses in Renminbi (RMB). Chinese Court Ruled to Restrict The post Breaking: China Court Rules Restrictions On USDT, Here’s Why appeared first on CoinGape.