Tether


Finance

Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation

The $225 million was related to the "pig butchering" scam.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Videos

BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).

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Policy

U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT

Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

US Capital building (Matt Anderson/Getty Images)

Policy

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise

For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

Thumbs down (Markus Spiske / Unsplash)

Policy

Crypto at the Center of $300M Fraud Case in China

21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

China renminbi bills (Moerschy/Pixabay)

Finance

Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans

The USDT stablecoin currently has a market cap of roughly $84 billion.

Tether CEO Paolo Ardoino (Bitfinex)

Policy

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas

Sen. Cynthia Lummis and Rep. French Hill have been notable advocates in Congress for reasonable regulation of crypto.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Finance

Tether Aims to Publish Reserve Data in Real-Time in Coming Years: Report

Tether had a $3.3 billion excess in reserves at the end of Q2.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Videos

Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.

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Finance

Tether Freezes 32 Crypto Addresses Linked to Terrorism, Warfare in Israel and Ukraine

The combined value across the frozen wallets equated to $873,118.

Tether freezes wallets (Raisa Milova/Unsplash)