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According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation. This criminal probe, reported by the Journal’s Angus Berwick, Vivian Salama, and Ben Foldy is said … Read more
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. Go to Source
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country’s boron markets by utilizing tokenization and establishing a national exchange for boron transactions. Tether Pitches Boron Tokenization Proposal in Turkey Tether, one of the largest cryptocurrency … Read more
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals. Go to Source
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections. Go to Source
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant, with Tether’s USDT leading the charge. The leading stablecoin registered volumes of $27.4 … Read more
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year. Go to Source
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative. Go to Source
Institutional demand is driving a significant increase in onchain loans across DeFi protocols. Go to Source
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions. Go to Source
