Does listing on a stock exchange mean it’s safe to buy USDT?
Starting December 1, the Moscow Exchange plans to launch trading in Bitcoin, Ethereum and USDT, according to PANews, citing CoinDesk. Ordinary investors will be limited to buying 300,000 rubles (about $3,700) worth of crypto assets per year through a single broker, and they must pass a test first—it’s not an open market for anyone to buy.
What concerns me more is that both the Moscow Exchange and the National Settlement Depository, which handles clearing, have been sanctioned by the U.S. Treasury. The report also notes that Tether will freeze wallets on the U.S. Treasury sanctions list. A stock exchange’s name doesn’t mean there’s no risk of funds being frozen, but that alone doesn’t prove the USDT involved will definitely be frozen.
Ordinary holders don’t need to rush into buying or selling because of this news. If you’re considering using this channel, first check whether you’re eligible to participate, how the assets will be settled, and whether the wallets involved carry sanctions risks. Don’t treat “planned launch” as a guarantee of safety.
If you’re considering taking part, would you check your eligibility first or look into the risk of USDT being frozen?
Starting December 1, the Moscow Exchange plans to launch trading in Bitcoin, Ethereum and USDT, according to PANews, citing CoinDesk. Ordinary investors will be limited to buying 300,000 rubles (about $3,700) worth of crypto assets per year through a single broker, and they must pass a test first—it’s not an open market for anyone to buy.
What concerns me more is that both the Moscow Exchange and the National Settlement Depository, which handles clearing, have been sanctioned by the U.S. Treasury. The report also notes that Tether will freeze wallets on the U.S. Treasury sanctions list. A stock exchange’s name doesn’t mean there’s no risk of funds being frozen, but that alone doesn’t prove the USDT involved will definitely be frozen.
Ordinary holders don’t need to rush into buying or selling because of this news. If you’re considering using this channel, first check whether you’re eligible to participate, how the assets will be settled, and whether the wallets involved carry sanctions risks. Don’t treat “planned launch” as a guarantee of safety.
If you’re considering taking part, would you check your eligibility first or look into the risk of USDT being frozen?
