Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus. Paolo Ardoino, who has been serving asRead More…
A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ nativeRead More…
The Financial Stability Board (FSB), an international organization that monitors the global financial system, has come up with a global regulatory framework for crypto. The guidelines, recommended to the 20 leading economiesRead More…
After a joint governance proposal on liquid staking derivatives in Terra Luna Classic (LUNC), a new proposal has emerged for the next quarter, suggesting the formation of a dedicated team consisting ofRead More…
The bill, available on the committee’s hearing page, represents the first major piece of crypto legislation to move in 2023, and follows two key incidents over the past year involving stablecoins: theRead More…
Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand fromRead More…
Tether issued a short statement on Nov. 16 saying that it has no exposure to institutional crypto lender Genesis Global or the Gemini Earn program after the announcement that Genesis Global andRead More…
North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox for calling for votes in the 2022 United States midterm elections. In a prerecordedRead More…
Tether Holdings Limited has clapped back at The Wall Street Journal over an article it claims spread “false information” about the stablecoin issuer’s profitability, solvency and accounting standards. In a Monday article,Read More…