PANews reported on May 14 that according to the Garantex announcement, its team has developed a solution for BTC and ETH users, which is scheduled to be released in June 2025. Specific details will be announced through official channels.

Earlier this year, it was reported that Tether froze $28 million of USDT from the sanctioned Russian exchange Garantex . The U.S. Department of Justice, together with German and Finnish law enforcement, cracked down on the crypto exchange Garantex for its involvement in crypto money laundering services .