CoinDesk Joins Court Case Seeking NY Attorney General Office’s Tether Documents
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss CoinDesk’s involvement in a legal proceeding between the New York Attorney General’s office (NYAG) and Tether in pursuit of documents regarding the reserves backing $78.4 billion of stablecoins. De explains why this case matters to the public interest and what can be expected in the coming months.
CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents
Tether wants the state Supreme Court to stop the attorney general’s office from sharing documents requested by CoinDesk. CoinDesk is now a party to the proceedings.
Why Tether Freezing Over $1M Worth of USDT Belonging to 1 Address Matters
Stablecoin issuer Tether froze over $1 million worth of USDT belonging to a single address. "The Hash" host Naomi Brockwell uses this news to point out "all these stablecoins are freezable at the protocol level." The hosts dive into trade-off risks between centralized versus algorithmic stablecoins like Terra's UST.
Behind the Scenes of El Salvador’s Bitcoin Bond With the Man Who Designed It
Samson Mow reveals the fast-moving process behind a radical financial experiment.
How Stablecoins Merge Traditional and Decentralized Finance
Stablecoins create a bridge between traditional financial markets and cryptocurrency markets, providing a unique opportunity for investors and advisors.
Myanmar’s Shadow Government Reportedly Adopts Tether as Official Currency
Myanmar’s shadow government, the National Unity Government (NUG) made up of ousted leader Aung San Suu Kyi’s supporters, has recognized stablecoin tether (USDT) as its official currency. This comes as Myanmar’s central bank declared all digital currencies illegal. "The Hash" squad discusses the latest development illuminating the adoption of tether as a potential act of defiance.
Myanmar’s Shadow Government Adopts Tether as Official Currency: Report
The National Unity Government said via a Facebook post that it now accepts USDT.
Tether, SHIB Compete With Bitcoin in Inflation-Ridden Turkey as Lira Tumbles
Bitcoin’s perceived role as an inflation hedge is competing with altcoin speculation and U.S. dollar exposure through tether.
Stablecoin Tether Crashes on Indian Exchanges, Traders Buy The Dip
A single tether is supposed to be worth $1 or rupees 74.37 as per the current dollar-rupee exchange rate.
Tether, Bitcoin and Chinese Commercial Paper at Scale
A look at the leading stablecoin’s market cap and China’s real estate industry.
