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Despite regulatory challenges, Kraken, one of the world’s largest cryptocurrency exchanges, has no plan to delist Tether’s USD stablecoin (USDT). … Continue reading
The post Kraken to keep USDT in the E.U. despite regulatory challenges appeared first on Finbold.
Tether, the world’s largest stablecoin issuer, has minted an additional 1 billion USDT through its treasury. This minting has sparked … Continue reading
The post Bitcoin surge incoming? Tether mints another $1 billion USDT appeared first on Finbold.
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.
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.
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
Venezuela’s state-run oil company started experimenting with Tether in 2023.
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.).
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.
USDT, a stablecoin issued by Tether, hit the $100 billion market value for the first time in its history, according to CoinGecko data, as the rally on crypto markets expanded.
Christopher Harborne and his aviation fuel broker AML Global were wrongly accused of “committing fraud, laundering money, and financing terrorists,” according to the lawsuit.