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Tag: stablecoin

Tether expands into new sectors amid regulatory watch

Tether, the creator of stablecoin USDT, unveiled its expansion into four new business sectors, marking a strategic diversification amid heightened regulatory scrutiny. The expansion launches...

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions – The Daily Hodl

Stablecoin issuer Tether (USDT) says it’s branching out and advancing beyond just offering dollar-pegged crypto assets. In a new announcement, Tether says that it is...

Binance, A Major Player In The Crypto Industry, Settles For A Significant $2 Million Fine In Order To Strengthen Its Presence In India –...

Binance, the world’s leading cryptocurrency exchange, reportedly seeks to re-establish its presence in the Indian market after being banned by the country’s local government earlier...

Whale Who Bought Ethereum at 2022 Bottom Sends 5,000 ETH to Kraken: Lookonchain – The Daily Hodl

A crypto whale that bought $151.42 million in Ethereum (ETH) near its market cycle bottom in September 2022 appears to be taking some profits,...

Binance converts US$1 bln fund; eyes India comeback after obtaining Dubai license

Binance, the world’s largest cryptocurrency exchange, announced Thursday the conversion of its US$1 billion Secure Asset Fund for Users (SAFU) to USDC stablecoin in...

How the Lummis-Gillibrand Payment Stablecoin Act Could Protect Consumer While Enabling Innovation

Leading officials in U.S. financial regulation, including Federal Reserve Chair Jerome Powell, Treasury Secretary Janet Yellen, and Deputy Treasury Secretary Wally Adeyemo, have recently...

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