Tether has teamed up with the United Nations Office on Drugs and Crime in an effort to prevent cybercrime in Africa. The partnership will focus on the growing concerns of digital fraud in the region as it embraces cryptocurrencies. Such efforts prioritize education and protection.
One of Africa’s most rapidly expanding sectors with regard to digital assets is now being threatened by scams, fraud, and high-tech crime. The rise of mobile-based payment solutions and blockchain-based platforms creates opportunities that are not just being taken up by legitimate businesses but are now being targeted by crime syndicates.
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In the partnership arrangement, Tether will synchronize its technological capabilities in accordance with the Strategic Vision of the UNODC for Africa 2030, according to a recent post by WuBlockchain. In the strategic vision framework, the key considerations covered range from ensuring peace to the inclusion of the economy and the sustainability of the vulnerable groups.
The collaborative also emphasizes capacity building for law enforcement agencies, regulatory agencies, and policymakers. Planned initiatives include cybersecurity training, technical assistance, and structured knowledge sharing.
By improving investigative capabilities and compliance understanding, the partners aim to support safer digital asset adoption while reducing opportunities for criminals to exploit emerging financial technologies. In Senegal, the partnership will enable a multi-phased cybersecurity education initiative for the young generation.
Raising awareness on public cybersecurity education for the young generation through a multi-phased initiative involving learning sessions and a bootcamp, featuring a Plan B Foundation lecture, in partnership with Tether and the City of Lugano, complemented by coaching, mentorship, and micro-grants to assist in the further development ideas.
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