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Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share

Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still…

Continue ReadingTether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share

House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path

The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients as a liability on their balance sheets. This makes it inefficient…

Continue ReadingHouse Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path