The tether cybersecurity collaboration with UNODC strengthens Africa's digital asset oversight, boosting analytics to curb crypto crime.The tether cybersecurity collaboration with UNODC strengthens Africa's digital asset oversight, boosting analytics to curb crypto crime.

Tether cybersecurity initiative backs UNODC in Africa to fight crypto crime

tether cybersecurity

As cyber-enabled crime escalates across the continent, a new tether cybersecurity initiative with UN agencies aims to reinforce Africa’s defenses around digital finance.

Tether joins forces with UNODC on cyber defense in Africa

Tether has entered a strategic collaboration with the United Nations Office on Drugs and Crime (UNODC) to combat digital asset crime and raise cybersecurity standards across African markets. The move comes as regulators and law enforcement in the region confront a sharp rise in sophisticated crypto-linked offenses targeting consumers and financial systems.

The joint effort directly supports UNODC’s Strategic Vision for Africa 2030, which prioritizes secure digital assets infrastructure and stronger financial oversight. Moreover, the initiative emphasizes better coordination between public institutions, private companies, and international organizations to protect vulnerable communities.

Rising crypto crime pressures African regulators

Recent coordinated enforcement operations by international and regional authorities have uncovered hundreds of millions of dollars in illicit fiat and digital assets across multiple African countries. These assets have been linked to fraud schemes, cyber-enabled scams, and terrorism financing. However, enforcement agencies still face gaps in tools, training, and cross-border cooperation.

The cases exposed how virtual assets can be misused within complex, transnational criminal networks. As a result, policymakers are intensifying calls for stronger cybersecurity frameworks, wider public education, and more robust regulatory cooperation around digital assets security and anti-money laundering controls.

UNODC highlights digital transformation goals

Ghada Waly, Executive Director of UNODC, framed the partnership as part of a broader push to harness innovation for development. “Digital assets are reshaping how the world interacts with money, and are integral to our commitment to advancing Africa’s digital transformation,” Waly said.

She added that the UN agency is “excited to have Tether onboard to leverage its expertise to combat illicit financial activities, bringing progress and sustainability to African communities.” Moreover, the project aligns with ongoing UN efforts to expand financial transparency and strengthen governance across emerging markets.

How the tether cybersecurity collaboration will work

Under the new agreement, Tether will provide technical expertise, data insights, and other resources to support UNODC programs focused on Africa. That said, a central objective is to bolster cybersecurity awareness among financial institutions, regulators, and communities that are increasingly adopting digital payment systems.

The tether cybersecurity initiative with UNODC will also focus on improving legal frameworks and financial oversight mechanisms in participating African jurisdictions. In practice, this may include assistance with training on blockchain analytics, best practices for investigating crypto transactions, and guidance on regulating virtual asset service providers.

Protecting vulnerable communities from exploitation

Paolo Ardoino, CEO of Tether, stressed that the partnership is designed to protect those most at risk of exploitation. “Supporting victims of human trafficking and helping prevent exploitation requires coordinated action across sectors,” Ardoino said.

“Through our collaboration with the United Nations Office on Drugs and Crime, we’re backing initiatives that combine innovation and education to empower communities and help create safer, more inclusive opportunities for those who need them most.” Furthermore, the collaboration seeks to reinforce financial transparency in Africa’s fast-growing digital economy.

Overall, the partnership between Tether and UNODC marks a significant step in aligning crypto industry expertise with multilateral efforts to curb digital asset crime in Africa, strengthen cybersecurity, and support sustainable, inclusive growth.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Share
BitcoinEthereumNews2025/09/18 01:09
Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…
Share
BitcoinEthereumNews2025/09/18 02:59
Unpacking The Lingering Market Anxiety

Unpacking The Lingering Market Anxiety

The post Unpacking The Lingering Market Anxiety appeared on BitcoinEthereumNews.com. Crypto Fear & Greed Index Plummets To 27: Unpacking The Lingering Market Anxiety
Share
BitcoinEthereumNews2026/01/12 08:32