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The T3 Financial Crime Unit (T3 FCU)—a joint task force formed by Tether, TRON, and TRM Labs—has frozen $26.4 million in crypto tied to a large-scale European money laundering operation, according to a Jan. 27 statement shared with CryptoSlate.
Tron, Tether and TRM Labs worked with Spanish authorities to destabilize a pan-European crypto laundering scheme.
Lately, there has been much discussion about the implications of MiCA in Europe on non-compliant stablecoins like Tether (USDT).
Tether and Medoo announce a strategic collaboration to launch a Blockchain Academy in Vietnam, aiming to boost blockchain education and adoption in the region.
USDC issuer Circle has been minting a large number of its native stablecoin closing the gap with Tether's USDT. Just over the past week, the stablecoin firm has minted more than 5 billion USDC on the Solana network, amid high demand following the launch of TRUMP meme coin.
President Donald Trump signed an executive order on Thursday to have dollar-backed stablecoins.
The market capitalization of Tether's USDT, the world's largest dollar-pegged stablecoin, has flattened. Circle's competitive offering, USDC, is continuing to increase in supply.
Today, Tether announced that it is partnering with Medoo to open a Blockchain Academy in Vietnam. This academy will offer generalized Web3 knowledge as well as more specific professional skills.
Phemex CEO Federico Variola has assured that withdrawal functions for USDT and USDC will commence shortly. This has given relief to Phemex crypto exchange users who were eagerly waiting for an update.
Coinbase CEO Brian Armstrong recently discussed the possibility of delisting Tether's USDT stablecoin in response to future U.S. legislation. Armstrong's comments come amid growing concerns about stablecoin regulation and the potential for major changes to how cryptocurrencies are governed in the United States.
From what has been said, Coinbase would be ready to delist USDT.
Coinbase CEO recently stated that his exchange would delist Tether's USDT if authorities demand it or if Tether fails to comply with new US laws.
In its support of compliance efforts, Coinbase has signaled a readiness to adjust its offerings, including a possible USDT delisting.
Tether USDt was the top deposited currency by earners on Brighty last year, accounting for 85% of all crypto deposits.
Congress is considering laws requiring stablecoins like Tether to be backed by U.S. Treasury bonds. The goal of Coinbase is to ensure a higher level of transparency and stability.
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Coinbase CEO Brian Armstrong has expressed concerns that upcoming U.S. regulations for stablecoins may require issuers to back their tokens fully with U.S. Treasury bonds.
Trump's latest remarks after his inauguration on crypto regulations have created a euphoric moment for Bitcoin and other assets. Bitcoin came out of the choppy market with a smashing ATH of $109K. However, there is still fear and panic in the market as many think this new policy change may impact non-US entities.
According to CEO Brian Armstrong, Coinbase would delist Tether's USDT stablecoin if compelled by new legislation. A few current attempts to rework US crypto legislation would impact the firm, but they have not advanced yet.
Brian Armstrong, CEO of Coinbase Global, has confirmed that the cryptocurrency exchange would remove the stablecoin Tether (USDT) from its U.S. trading platform if it is required to comply with new legislation. Speaking at the World Economic Forum in Davos, Switzerland, Armstrong highlighted Coinbase's commitment to regulatory compliance and emphasized the need to provide customers
Coinbase has signaled a willingness to remove Tether's stablecoin from its platform depending on how the U.S. regulatory landscape matures under Donald Trump.
Crypto-asset service providers (CASPs) are required to delist non-compliant stablecoins, but a "sell-only" period will be in effect until the first quarter of 2025 to allow investors to liquidate their positions. The post ESMA Pushes for Delisting of Non-MiCA Compliant Stablecoins, Sets Q1 2025 Deadline appeared first on Cryptonews.
India's enforcement agencies are ramping up efforts to dismantle crypto-based fraud networks.
Following a surge to $295 driven by OFFICIAL TRUMP memecoin's success, Solana's network reaches record highs.
