[Oct 11, 2024 9:00 PM] Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
[Oct 10, 2024 8:30 PM] USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the…
[Oct 10, 2024 12:33 PM] The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
[Oct 10, 2024 9:16 AM] Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%.
[Oct 8, 2024 5:44 PM] Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the…
[Oct 7, 2024 6:13 PM] The United Nations Office on Drugs and Crime continues its series on organized crime in Southeast Asia and focuses on Telegram this time.
[Oct 6, 2024 7:10 PM] Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean…
[Oct 6, 2024 12:53 PM] Tether CEO Paolo Ardoino said in an X post that the company will continue to bring financial inclusion to people who are “left behind.”
[Oct 6, 2024 10:30 AM] Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s…
[Oct 5, 2024 7:30 AM] The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by…
[Oct 5, 2024 2:30 AM] The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial…
[Oct 4, 2024 2:44 PM] While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
[Oct 1, 2024 9:19 PM] Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
[Oct 1, 2024 1:15 PM] Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins.
[Oct 1, 2024 5:16 AM] Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.
[Sep 30, 2024 4:30 AM] Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions…
[Sep 29, 2024 10:33 PM] China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
[Sep 28, 2024 1:30 AM] U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency…
[Sep 27, 2024 8:54 PM] CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.
[Sep 27, 2024 7:14 PM] Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time
[Sep 27, 2024 4:30 PM] A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s…
[Sep 27, 2024 1:30 PM] Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in…
[Sep 23, 2024 2:38 PM] Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset…
[Sep 22, 2024 12:00 PM] Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of…
[Sep 21, 2024 4:30 PM] In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days…
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