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Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. Source link
Read More »Tether gets Coinbase’s seal of approval, will list on pro offering
Tether launches on Hermez rollup as Ethereum starts falling behind
Ethereum is starting to lose ground to its competitors for USDT usage, and Hermez may help to fix that. Source link
Read More »Bitcoin exchanges just saw massive Tether stablecoin deposits
Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Source link
Read More »Tether stablecoin is fully backed, says new assurance report
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. Source link
Read More »Stablecoin Issuers Need to Think Fast to Avoid the SEC’s Net
Tether is in some bother with the SEC. It has the President’s Working Group on Financial Markets, an organization composed of the SEC, the CFTC, The Fed and The US Treasury announcing late last year that stablecoins, which include Tether should be considered as securities. If Tether is indeed classified …
Read More »Tether tokens go live on Ethereum competitor Solana blockchain
Tether’s integration with the Solana blockchain is intended to help support a range of projects in DeFi, blockchain gaming and Web 3.0. Source link
Read More »Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin ecosystem” if …
Read More »Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused …
Read More »Binance Coin (BNB) Overtakes Tether For Third-Ranked Crypto Asset
Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the cryptocurrency token to climb the top ten assets by market cap, making it to the …
Read More »Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought by the New York attorney-general against …
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