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Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. Go to Source
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. Go to Source
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase agreements. Go to Source
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape. Go to Source
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court. Go to Source
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023. Go to Source
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas. Go to Source
The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players. Go to Source
The stablecoin issuer freezes addresses containing $873,000 USDT linked to illicit activity in Israel and Ukraine. Go to Source
The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said. Go to Source
