The revelation by Tether CEO Paolo Ardoino on July 7 that the company holds approximately $8 billion in gold stored in a Swiss vault has drawn attention to the stablecoin issuer’s broader reserve management strategy. During an interview with Bloomberg…
Tether adjusts to new audit rules under $156 Billion law
Congress is poised to integrate stablecoins into mainstream finance through the Genius Act, drawing interest from banks, startups and retailers such as Walmart. Signed by President Trump after reconciling Senate and House versions, the bill imposes strict oversight on digital…
Is Tether Delisting Affecting Europe in Trump Era Crypto?
The European Union’s Markets in Cryptoassets (MiCA) regulations are changing how stablecoins and digital assets are managed as they come into effect. Stablecoins like Tether (USDT) are already being impacted, with several exchanges in the EU removing them to align…
How Did Tether Achieve $50 Billion Market Growth in 2024
Tether Holdings has seen notable growth in 2024, driven by the increasing demand for its USDT stablecoin. With Bitcoin and other cryptocurrencies hitting new highs, USDT’s market capitalization rose by nearly $50 billion, bringing the total to over $140 billion.…
FDUSD vs Tether: What 3 Factors Drive Stability and Volume?
In the digital finance landscape, stablecoins help facilitate transactions and provide stability in a volatile market. First Digital USD (FDUSD) has drawn attention for its value close to $1, making it a steady asset in cryptocurrency. Recent changes in FDUSD’s…
Tether Stablecoin: “Every Stablecoin Issuer Will Face Regulatory Issues If They Succeed,” Says Joshua Garcia of Ketsal
Joshua Garcia, partner at compliance advisory firm Ketsal, recently weighed in on the Tether Stablecoin regulatory challenges and growing scrutiny from global and U.S. authorities. Speaking with Crypto World’s Jordan Smith, Garcia broke down the regulatory landscape for stablecoins, the…
Tether Central Role in Crypto Faces Increased Regulatory Scrutiny?
The cryptocurrency landscape has seen transformative growth over recent years, with Tether emerging as a central figure due to its significant influence on digital asset markets. Serving as a primary tool for cryptocurrency traders and institutions, Tether (USDT) functions as…
Is Tether’s US Investigation Impacting the Entire Crypto Market?
Cryptocurrencies faced widespread declines after reports surfaced that the United States government is investigating Tether Holdings Ltd., the issuer of USDT, for potential sanctions violations and possible breaches of anti-money-laundering rules. Tether’s stablecoin, known for its one-to-one peg with the…
How Can Tether Tokenize Turkey’s $1.3 Billion Boron Market?
Tether Holdings Ltd. is exploring the use of blockchain technology in Turkey’s boron market by proposing digital tokens to represent borate minerals. With Turkey holding a significant share of global boron reserves, Tether’s plan aims to modernize trade in this…
Is Tether-backed Northern Data selling its crypto mining unit?
Northern Data, is strategically exploring the sale of its cryptocurrency mining business. This potential move aligns with its objective to fuel expansion within its artificial intelligence (AI) operations, a sector witnessing unprecedented growth. With its primary shareholder, Tether Holdings Ltd.,…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
