English High Court Rules Tether’s USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Tether
Tron, Tether and TRM Labs Start Financial Crime Fighting Force
The T3 Financial Crime Unit (T3 FCU) is looking to clean up USDT issued on Tron, a blockchain favored by bad actors.
Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play
Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken.
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
Tether plans to seek licensing for the stablecoin under the U.A.E. Central Bank’s Payment Token Services Regulation.
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said.
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany’s
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
Venezuela’s Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.
Buy signal as institutional whales inject $278M in crypto
The cryptocurrency market is heating up again with renewed spirit and significant capital inflow from whales and institutional investors. In … Continue reading
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Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether
Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws.