Tether assets exceed liabilities in new reserves report by BDO
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million. Go to Source Powered by WPeMatico
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Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets. Go to Source Powered by WPeMatico
Euro stablecoin launched in Finland, claims to be first approved in the EU
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States. Go to Source Powered by WPeMatico
Tether CTO Paolo Ardoino on taking the bull by the horn
Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides. Go to Source Powered by WPeMatico
Tether CTO denies borrowing from bankrupt lender Celsius
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated. Go to Source Powered by WPeMatico
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation. Go to Source Powered by WPeMatico
UK native stablecoin integrates into 18,000 ATMs nationwide
Brits can now withdraw physical cash for GBPT, a one-for-one pound sterling stablecoin, as well as other cryptos at ATMs in the United Kingdom. Go to Source Powered by WPeMatico
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit. Go to Source Powered by WPeMatico
Hong Kong will not tolerate algorithmic stablecoins in new regulation
The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024. Go to Source Powered by WPeMatico
Montenegro’s central bank teams up with Ripple on digital currency pilot project
Montenegro’s prime minister announced a central bank “digital currency or stablecoin” project with Ripple; the Balkan country currently uses the euro instead of a national currency. Go to Source Powered by WPeMatico