Key Takeaways The European Securities and Markets Authority (ESMA) is urging crypto asset service providers (CASPs) to take immediate action against stablecoins that do not comply with the European Union’s new Markets in Crypto-Assets Regulation (MiCA). On January 17, 2025,…
Key Takeaways Tether has minted an additional $3 billion in USDT stablecoins. As per blockchain data from Arkham Intelligence shows that $2 billion was issued on the Ethereum blockchain, while $1 billion was minted on Tron, with both transactions executed…
Key Takeaways Since its launch in 2014, Tether, the issuer of the stablecoin USDT, has collaborated with law enforcement agencies globally to address illicit activities involving its digital currency. According to a recent statement, Tether has assisted more than 145…
Key Takeaways On August 21, USDT stablecoin issuer Tether, announced a new venture to launch a stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative is being undertaken in partnership with Phoenix Group PLC, an Abu Dhabi Securities…
Key Takeaways Rho Markets, a liquidity layer and lending protocol on Scroll, suffered a major exploit resulting in the loss of over $7.6 million worth of USD Coin (USDC) and USDT. The breach occurred after a malicious actor gained access…
Key Takeaways USDT Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin mining firm of Chinese billionaire Jihan Wu. As per the official announcement, the private placement includes 18,587,360 Class A…
Key Takeaways Cryptocurrency exchange Kraken has stated that it has no plans” to delist Tether (USDT) in Europe . This development comes amid reports surfacing that the firm was “actively reviewing” the decision to remain legally compliant with MiCA. Mark…
Key Takeaways Tether has hit out at Deutsche Bank over its report claiming that most stablecoins, including Tether’s USDT, are likely to face ‘significant turbulence’ and fail owing to a lack of transparency and vulnerability to speculative sentiment. “While some…
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