Tether

Tether El Salvador

Tether Relocates HQ to Bitcoin-Friendly El Salvador

Tether Holdings Ltd., the issuer of USDT, announced plans to move its headquarters and subsidiaries to El Salvador. The relocation follows the company securing a license to operate as a digital asset service provider in the nation. This strategic move highlights El Salvador’s growing appeal as a hub for Bitcoin and cryptocurrency innovation. Tether’s CEO …

Tether Relocates HQ to Bitcoin-Friendly El Salvador Read More »

USDT Europe

MiCA Deadline Looms: Uncertainty Clouds Tether’s USDT in Europe

As the European Union’s Markets in Crypto-Assets (MiCA) regulation nears its December 30, 2024 deadline, uncertainty surrounds Tether’s USDT stablecoin. The lack of clear directives from European regulators has created a split among major cryptocurrency exchanges on how to proceed. Coinbase Leads Precautionary Measures In mid-December, Coinbase delisted USDT in Europe, citing compliance concerns with …

MiCA Deadline Looms: Uncertainty Clouds Tether’s USDT in Europe Read More »

Coinbase europe tether

Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements

Coinbase has announced plans to restrict European users from trading Tether (USDT) and other stablecoins starting December 13. The move is part of its effort to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework, which aims to regulate digital assets across the region. Stablecoins Affected by the Delisting Alongside Tether, Coinbase will delist …

Coinbase to Delist Tether in Europe Amid MiCA Compliance Requirements Read More »

Tether minting

Tether’s $19 Billion Minting Spree Sparks Concerns

Tether, the issuer of the world’s largest stablecoin, USDT, has minted an additional $2 billion in tokens, marking a $19 billion increase in liquidity since November 6. This significant activity has ignited debate within the crypto community about transparency and the adequacy of Tether’s reserves. Minting Spree Raises Questions Blockchain analytics platforms like Lookonchain revealed …

Tether’s $19 Billion Minting Spree Sparks Concerns Read More »

SK Telecom Aptos

SK Telecom partners with Aptos to integrate USDT in their product

Aptos Foundation has teamed up with South Korea’s telecom leader, SK Telecom. Together, they aim to bring Tether’s USDT stablecoin to “T wallet.” This collaboration will make stablecoins more accessible through a widely trusted platform. The partnership aims to bridge traditional finance with blockchain. Oh Sehyeon, vice president of SK Telecom’s web3 division, noted this …

SK Telecom partners with Aptos to integrate USDT in their product Read More »

The Celsius and Tether Legal Clash: Unfolding Allegations

Celsius Network, a well-known crypto lender, had a significant loan agreement with Tether Ltd. dating back to 2020. This arrangement allowed Celsius to borrow stablecoins like USDT and Euro Tether (EURT), with Bitcoin used as substantial collateral. At its peak, the loan reached nearly $2 billion in USDT, secured by tens of thousands of BTC. …

The Celsius and Tether Legal Clash: Unfolding Allegations Read More »