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.

Polygon Labs, around a week after its partnership with Jio Platforms Limited (JPL) to bring Web3 capabilities into Jio's ecosystem, made its first integration with Jio Sphere live on Tuesday. CA Aishwary Gupta, Global Head of Payments at Polygon Labs revealed the launch of native wallet, powered by Polygon Labs PoS Blockchain network, on Jio

Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon.

Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.

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.

Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.

Following a surge to $295 driven by OFFICIAL TRUMP memecoin's success, Solana's network reaches record highs.

Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a crypto dealer and stealing $689,000 in cash during a Tether transaction, with police recovering part of the funds while developing their case against the suspects who claim they were the victims.

Cybercriminals in the Indian state of Rajasthan are using stablecoins like USDT to funnel illicit loot to scam operators outside the country.

The first restrictions should arrive from the first of February, while the definitive stop from the first of April.

Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange.

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition of Latam Insights, Tether relocates its headquarters to El Salvador, Rumble closes a cloud deal with the Salvadoran government, and Nubank opens its USDC rewards program for all Latam customers.

Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.

Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country.

Howard Lutnick, Donald Trump's Commerce Secretary, who's also among the founding members of the Department of Government Efficiency (DOGE), has some deep ties with USDT stablecoin issuer Tether. However, Senator Elizabeth Warren has raised strong questions citing the regulatory doubts over Tether's operations.

The Indian crypto exchange WazirX says it has frozen $3 million worth of the stablecoin USDT connected to the massive $230 million hack on its platform last year. WazirX says the freeze represents an “important milestone” in recovering user assets.

Indian crypto exchange WazirX freezes $3M of stolen USDT, the first asset recovery since the July 2024 cyberattack. Hackers exploit vulnerability in WazirX's multi-signature security to steal over $234M.

Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.

Tether Holdings Ltd. is expanding its footprint in the United States following impressive profit growth in 2024.

Crypto exchange WazirX, the largest crypto exchange in India, has frozen $3 million in USDT from last year's catastrophic security breach.

WazirX's fight against cybercrime has paid off with its recent freezing of $3 million worth of USDT.

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

Trump's pro-crypto stance has inspired Tether's US expansion plans, but the CEO admits the need for regulatory clarity before committing.

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.

Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.

JiCoin's are currently not redeemable or transferable.

Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.

This initiative leverages LayerZero's top-tier cross-chain bridging technology. This will allow Tether's USDT to seamlessly operate across multiple blockchains.

JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.

Tether is eyeing US expansion while awaiting regulatory clarity, ramping up lobbying efforts, and expecting record-breaking profits for 2024.

Tether CEO revealed plans to expand business in the US ahead of Trump's inauguration. Largest stablecoin issuer bagged billions of profits in 2024 following Trump's election.

Tether has launched USDT0, a new cross-chain stablecoin on Kraken's Layer-2 network, designed to simplify USDT transfers across different blockchain platforms, with planned expansion to Berachain and MegaETH.

Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.

USDT0, the new omnichain stablecoin supported by LayerZero and guaranteed by Tether, represents a breakthrough for cross-chain liquidity.

Tether has filed a lawsuit against Swan Bitcoin, alleging serious contract violations in their shared Bitcoin mining venture, 2040 Energy, which was established in 2022.

Le Slapdrop Slap-to-Earn de Catslap dévoile son classement, mettant en avant les 10 meilleurs joueurs qui repartiront chacun avec 10 000 USDT. Les fonds, soit un total de 100 000 dollars, ont été transférés et peuvent être consultés via le portefeuille suivant : https://etherscan.io/address/0x5D1a7B8b3Ff10A11eD674FE51bfbcE5e63Cea0#tokentxns.

“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.

Tether Holdings Ltd. is expanding in the United States after making record profits in 2024 and amid expectations of a more crypto-friendly environment under the new president, Donald Trump.

Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The stablecoin company, which issues USDT, the largest fiat-pegged by market capitalization, announced that USDT0 aims to expand its capabilities to new blockchain environments.

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

Tether is launching a new cross-chain stablecoin, USDT0, in collaboration with Kraken. The token will largely focus on interoperability.

Tether has chosen Ink, Kraken's Ethereum-based layer-2 network, as the first platform for USDT0, with trading set to begin today at 15:00 UTC.

Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers.

Tether has announced the launch of the latest stablecoin – USDT0, which is now available on Kraken's Layer 2 solution built on Ethereum, Ink. This initiative is going to facilitate the compatibility of USDT stablecoin within various blockchain infrastructures.