Tether CTO: Singapore has long been included in prohibited jurisdictions and the terms of service have not been changed

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ChainCatcher news, in response to Cointelegraph's report that "Tether prohibits some Singaporean customer groups from converting USDT into US dollars", Tether Chief Technology Officer Paolo Ardoino stated on the X platform that Tether stated in its terms of service updated as early as May 12, 2020, Singapore is one of the prohibited jurisdictions. Following ChainCatcher news earlier today, Cointelegraph said that Tether changed its terms of service (ToS) in Singapore to prohibit certain local customer groups from converting USDT into US dollars.

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