BitMEX Launches Tether (USDT) Margined Contracts
According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders…
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Tether To Test Notabene’s Travel Rule System to Comply With AML Laws
Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions. Tether to Crack Down…
Big Three Credit Agency Fitch Says Stablecoin Growth Could Be ‘Disruptive’ to Securities Markets
American credit rating agency Fitch Ratings, one of the ‘Big Three’ credit rating agencies, has published a report that says stablecoin growth could affect securities and commercial paper (CP) markets.…
CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million
On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex,…
Tether and Bitfinex Ordered to Pay $42.5 Million Fine by the CFTC
The United States Commodity and Futures Trading Commission (CFTC) has ordered Tether and Bitfinex to pay fines worth $42.5 million. In a release from today, October 15th, Tether Holdings Limited,…
Old News With Dubious Sources: Tether Responds to Bloomberg’s Accusations
Bloomberg launched a scathing attack on the stablecoin issuer in a BusinessWeek article on Oct. 7 titled “Anyone Seen Tether’s Billions?” In it, the financial news giant stated that the…
SEC Denies Freedom of Information Act Request Concerning Tether Documents
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social…
Jim Cramer Urges for Caution in The Cryptocurrency Market Amid Evergrande Saga
CNBC’s Jim Cramer opined that the Evergrande debt crisis in China could keep causing severe disruption in financial fields, including the cryptocurrency market. He also advised people sitting on unrealized…
U.S. Treasury Targets Stablecoins in Latest Regulatory Risk Assessment
As regulatory pressure mounts in the U.S., policymakers are putting stablecoins at the top of their agendas. Citing “people familiar with the matter,” Bloomberg has reported that officials are crafting…
Tether Co-Founder Says There’s Money in NFTs for Metaverse
William Quigley, who co-founded stablecoin Tether (USDT), thinks non-fungible tokens (NFTs) accessible in metaverses will hit annual sales above $10 trillion. He shared his thoughts about NFTs and metaverse with…