Report: Binance's BTC, ETH, USDT balances declined in September
Binance's latest proof-of-reserves report shows a notable decline in user assets in September as the crypto market wandered in the red zone.
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Binance's latest proof-of-reserves report shows a notable decline in user assets in September as the crypto market wandered in the red zone.
The world's leading stablecoin provider, Tether, has announced a remarkable achievement: it has now surpassed 350 million users just a decade after its 2014 launch.
The news comes amid the company's 10-year anniversary celebration.
TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has replaced the USDT pool with USDC to enhance the user experience, providing greater stability and reliability in transactions.
Tether marked its 10th anniversary on Monday, celebrating a market capitalization nearing $120 billion with over 350 million users globally.
Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.
Tether celebrates USDT's 10th anniversary, highlighting its dominance in inflation-affected countries and plans for future expansion beyond financial tools.
The United States alleges that a North Korean hacking group conducted a series of brazen heists, targeting both traditional financial institutions and the crypto space.
Tether celebrates 10 years of innovation, solidifying its role as the leading stablecoin with 350 million users worldwide. Discover Tether's impact on global finance and its future vision.
The company is preparing to become compliant with the European MiCA to avoid delisting.
Bitcoin poised for gains as metrics and liquidity signal potential bullish trend.
Stablecoin issuer Tether is celebrating its 10th anniversary along with the success of its flagship product, USDT.
Coinbase is preparing to delist stablecoins that don't adhere to European regulations by year's end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union's Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies.
Coinbase has announced plans to delist Tether's USDT and other stablecoins that do not comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase's efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state.
Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the crypto exchange tells Bloomberg the exchange will delist stablecoins in Europe that don't comply with the EU's Markets in Crypto-Assets Regulation (MiCA).
to the MiCA regulation by the end of December 2024. This decision is part of the company's compliance with the new regulatory requirements of the European Union for the digital asset sector.
Tether is preparing to launch a new technology specifically for the European market. This strategic move comes in response to changing regulatory frameworks in the region, especially as MiCA (Markets in Crypto Assets) regulations come into full effect.
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure.
Tether's new tech solution may influence stablecoin compliance strategies, impacting regulatory adaptation and market dynamics in Europe. The post Tether to unveil new tech solution for European market amid Coinbase delisting rumors appeared first on Crypto Briefing.
Coinbase, a leading US cryptocurrency exchange, is set to delist all non-compliant stablecoins from its European platform by the end of 2024. The move comes as the European Union's Markets in Crypto-Assets (MiCA) regulation, which enforces stringent standards on stablecoin issuers, takes full effect in December.
TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to convert their stablecoins to compliant versions, such as Circle's USDC. Coinbase Global Inc.
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
Coinbase plans to remove all non-compliant stablecoins from its platform in the European Economic Area (EEA) by the end of the year. This move aligns with the company's efforts to adhere to the European Union's upcoming Markets in Crypto-Assets (MiCA) regulations.
As regulatory conditions tighten in the region, Coinbase will delist all non-compliant stablecoins in the European Economic Area (EEA) by the end of the year.