Tether and UN Join Forces to Secure Africa’s Digital Economy

CryptoFrontNews
  • Tether teamed up with the UNODC to improve cybersecurity awareness and safe crypto use across African countries.

  • The partnership targets youth and vulnerable groups through education, mentorship, and programs to reduce crypto fraud risks.

  • Initiatives span Africa and Papua New Guinea, aligning with the UN’s Africa 2030 vision for secure digital finance.

Tether announced a partnership with the United Nations Office on Drugs and Crime (UNODC) to strengthen cybersecurity across Africa. The initiative aims to educate the public on safe digital asset use. The collaboration addresses rising crypto-related fraud in Africa, where recent Interpol operations uncovered $260 million in illicit digital and fiat currency.

Key Figures and Strategic Vision

Paolo Ardoino, Tether CEO, highlighted the partnership’s focus on education and innovation. Sylvie Bertrand, UNODC Regional Representative for West and Central Africa, emphasized Africa’s potential for secure digital financial growth. Tether and UNODC aim to advance the UN’s Strategic Vision for Africa 2030, promoting digital safety and economic inclusion.

The program notably targets youth and vulnerable populations. Initiatives include mentorship, micro-grants, and bootcamps to foster digital literacy. Participants will learn how to develop projects while minimizing exposure to cybercrime and online exploitation.

Regional Initiatives Across Africa

The Senegal Project focuses on youth cybersecurity education through multi-phase programs. Sessions include contributions from the Plan B Foundation, a collaboration between Tether and the City of Lugano. Participants receive coaching and support to further develop ideas safely in the digital economy.

The Africa Project funds civil society organizations supporting human trafficking victims in Senegal, Nigeria, DRC, Malawi, Ethiopia, and Uganda. This initiative aims to protect affected individuals while promoting awareness of online financial risks.

Global Engagement and Papua New Guinea Outreach

The Papua New Guinea Project extends the program beyond Africa. Tether collaborates with local universities to teach financial inclusion and prevent digital asset fraud. A student competition encourages innovative blockchain solutions for crime prevention and economic access.

According to Ardoino, the partnership strengthens communities by combining technology and education to reduce exploitation risks. Bertrand noted the tripartite collaboration between the UN, private sector, and local authorities advances Senegal’s Digital New Deal, fostering secure, transparent, and inclusive digital ecosystems.

Through these coordinated efforts, Tether and UNODC aim to protect digital assets, support victims, and build safer financial systems across multiple continents.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ledger phishing email scam steals 600,000 USDT, and U.S. federal prosecutors recover all funds

An American court ruled to forfeit more than $600,000 in USDT, stemming from a physical letter phishing scam targeting Ledger users. After receiving the disguised letter, the victims leaked their seed phrases, and their funds were stolen. The scammers tried to conceal the funds through multiple transfers and conversion methods, but the transparency of the blockchain helped the police track the path of the fund movements. They then successfully recovered the funds through a civil forfeiture proceeding.

MarketWhisper17m ago

US Attorney Connecticut Forfeits $600,000 in Tether Linked to Ledger Phishing Letter

Federal prosecutors in Connecticut recovered more than $600,000 in tether ( USDT) after tracing stolen cryptocurrency from a phishing scam that used a physical letter to deceive a hardware wallet user. Connecticut Crypto Phishing Victim to Recover Funds Local media reported that the U.S.

Coinpedia1h ago

Tether Pursues Fundraising at $500 Billion Valuation

Gate News message, according to Bloomberg, Tether is making a final push for fundraising at a $500 billion valuation. The stablecoin issuer is working to complete this funding round at the specified valuation level.

GateNews5h ago

Tether’s USAT Expands to Celo in First Move Beyond Ethereum Mainnet

Tether is launching its U.S.-backed stablecoin, USAT, on Celo, marking its first move beyond the Ethereum mainnet. This shift aims to integrate USAT into a payments-focused environment, enhancing accessibility and usability in onchain transactions.

CryptoNewsFlash9h ago

Tether Drops Gold Traders Months After HSBC Hires

Tether has dismissed senior gold traders from HSBC, ceasing its plans for a competitive gold trading desk while managing 140 tons of gold. This decision coincides with ongoing financial adjustments and audit efforts as Tether explores new funding and operations.

CryptoFrontNews16h ago

Crypto political action committee appoints Tether executive as chair, as controversy over the U.S. stablecoin policy continues

Crypto Super Political Action Committee Fellowship PAC appoints Tether U.S. executive Jesse Spiro as chair, pushing for action supporting pro-crypto candidates. Meanwhile, the “Digital Asset Market CLARITY Act” is stalled in the Senate, with controversy over stablecoin yield policy affecting the bill’s progress. The crypto industry is stepping up lobbying efforts, seeking a more favorable policy environment.

GateNews04-01 22:01
Comment
0/400
No comments