Tether / Crypto Industry Launches FASE Anti-Crime Foundation with UN
Tether has unveiled the FASE (Financial Access and Systemic Empowerment) Foundation alongside Bybit, Kraken, the Solana Foundation, and the UN's Office on Drugs and Crime, targeting financial inclusion and online scam prevention.
What we know
Tether CEO Paolo Ardoino announced FASE, a Swiss not-for-profit multi-stakeholder foundation focused on financial safety, financial inclusion, and equitable access to resources including connectivity and energy. Partners include an account on X, another account on X, and the another account on X, alongside the UN's Office on Drugs and Crime. The initiative is framed as fighting online scams and promoting financial inclusion in underserved populations.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.