Four Crypto Firms Obtain First MiCA Licenses in the Netherlands, Signaling New EU Regulatory Phase
Four digital asset companies have become the first to secure coveted Markets in Crypto Assets (MiCA) licenses in the Netherlands, highlighting the country’s early adoption of the European Union’s new regulatory framework. The Dutch Authority for the Financial Markets (AFM) awarded licenses to MoonPay, BitStaete, ZBD, and Hidden Road, granting each firm the right to operate across the EU’s 27 member states.
Tether’s Big Bet: A $775 Million Stake in Rumble and Bitcoin
In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a $775 million investment. This ambitious allocation is split between the video-sharing platform Rumble and additional Bitcoin reserves, signaling Tether’s expanding footprint beyond its core role in the cryptocurrency ecosystem.
Cantor Fitzgerald Acquires 5% Stake in Tether for Up to $600M
Cantor Fitzgerald, a prominent financial services firm, has reportedly secured a 5% stake in Tether, the issuer of the USDT stablecoin, for a valuation of up to $600 million. The deal, said to have occurred within the past year, positions Cantor Fitzgerald at a pivotal intersection of finance, politics, and cryptocurrency.
Tether to Launch UAE Dirham-Pegged Stablecoin on TON, Expand into Middle East
Tether, the largest stablecoin provider, announced it would launch a new stablecoin pegged to the UAE Dirham on The Open Network (TON) blockchain.
Bitcoin Drops As Israel Strikes Iran and Wall Street Journal Alleges Tether is Under Investigation
Crypto prices tumbled late Friday following Israel strikes against Iran and a report from the Wall Street Journal that stated that the U.S. government is investigating Tether
Swan Bitcoin Sues Ex-Employees Over Alleged Mining Business Heist
Swan Bitcoin has sued Proton Management Ltd. and six former employees accusing them of a coordinated theft of its billion-dollar bitcoin mining technology with alleged assistance from Tether.
Tether Records Massive Profits and Expands US Treasury Holdings in 2024
Tether announces record profits, holds record amount of US Bonds.
Binance adds 30 million USDT to Insurance Fund following May 10th drop
On the 10th of May, over 13 million USDT of the Binance Futures Insurance Fund was used to protect users trading Binance derivative products.
Hash rate, fees, and Tether issuance are all trending higher leading into the Bitcoin block reward halving
A recent surge in Bitcoin transaction fees, hash rate, Google searches, and the issuance of new Tether stablecoins is an indication of strong activity across the ecosystem ahead of next week’s Bitcoin halving.
Tether tokenizes gold on Ethereum and TRON
Stablecoin company Tether has announced the launch of a new gold-pegged stablecoin called Tether Gold. The tokenized gold coin will operate on both the Ethereum and TRON blockchain as an ERC-20 and a TRC-20 token, and represent one troy fine ounce of gold.
Stablecoin battle heats up with class-action lawsuit filed against Tether and Bitfinex
Market-leading stablecoin Tether (USDT) is under renewed pressure after a class action lawsuit was filed against Bitfinex and Tether in the United States District Court this week.
Tether pips China to post with digital yuan
Controversial stablecoin Tether is launching a new stablecoin dubbed 'CNHT' pegged to the offshore Chinese yuan.
Tether market cap hits all-time-high
Controversial stablecoin Tether is growing rapidly. The market cap of the cryptocurrency has doubled since January and now sits at a cool $4 billion dollars. What’s driving the demand for Tether?
Stablecoin economy set for continued growth
The stablecoin ecosystem is rapidly evolving — with banks, big tech, and crypto startups all clamoring to offer blockchain-based versions of fiat currencies.
The stablecoin market is booming
During the last 12 months, the stablecoin ecosystem has seen rapid growth. Now several new contenders are challenging market leader Tether, promising new levels of transparency and security.
New report makes case for greater regulatory oversight of crypto asset sector
A new report by blockchain intelligence firm CipherTrace provides insights into the state of the global crypto asset sector. The Q1 2019 Cryptocurrency Anti-Money Laundering Report makes the case for increased regulatory oversight as the industry matures.