Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.
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Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.
Despite regulatory challenges, Kraken, one of the world’s largest cryptocurrency exchanges, has no plan to delist Tether’s USD stablecoin (USDT). … Continue reading
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The stablecoin Circle USD (USDC) has been growing in market share and approaching the undisputed leader, Tether USD (USDT). Ongoing … Continue reading
The post Will the USDC outperform USDT in 2024? appeared first on Finbold.
Visa headquarters in Foster City, California. (Wonderlane/Creative Commons)
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
The investment will fund the roll-out and commercialization of the company’s medical devices.
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill’s authors, Sen. Cynthia Lummis (R-Wyo.).