A new statue depicting Bitcoin's anonymous creator Satoshi Nakamoto has just been unveiled in Switzerland. Earlier this morning at the 3rd Annual Lugano Plan B forum in Switzerland, the Plan B Initiative, a collaboration between Tether and the city of Lugano, revealed a statue honoring the faceless BTC creator.
Crypto markets erased $5B of their value within an hour on the news of a possible renewed Tether investigation on anti money-laundering practices. The market recovered soon after the initial shock.
Dogecoin insider Mishaboar has sent an open letter to the community with advise to shun stablecoins like USDT, USDC and even PYUSD. According to him, holding these assets are “inherently risky” and can harm holders.
According to a Friday report, the United States Justice Department has launched a criminal investigation into stablecoin issuer Tether. The probe is reportedly meant to determine whether the company violated anti-money laundering rules and sanctions.
Tether CEO Paolo Ardoino has denied allegations that the company is facing an investigation by the U.S government. This comes in response to a Wall Street Journal report on an alleged probe by U.S. authorities into Tether's involvement in sanction violations and anti-money laundering (AML) breaches.
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.
In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney's Office, is said to focus on whether Tether's stablecoin, USDT, has been used by third parties to finance illegal activities such as drug trafficking, terrorism, and hacking, or to launder the proceeds from these activities.
Crypto prices fluctuated heavily over the week as Bitcoin price swung to above $69K and back under $65K before regaining some ground to trade above $67K on Friday evening. Most altcoins swung sharply too, with meme coins seeing huge gains before paring them.
U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S. sanctions and anti-money-laundering regulations, according to a report. What Happened: This inquiry, conducted by the Manhattan U.S. Attorney's Office, is investigating possible misuse of Tether's stablecoin in activities like drug trafficking, terrorism financing, and laundering proceeds from these illicit actions, The Wall Street Journal reported.
U.S. authorities are scrutinizing Tether for potential breaches of anti-money-laundering laws and sanctions, according to sources cited by The Wall Street Journal (WSJ) in a report written by Angus Berwick, Vivian Salama, and Ben Foldy and published earlier today.
Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino's clarification comes after a Wall Street Journal report claimed that federal prosecutors in Manhattan are allegedly investigating the stablecoin issuer.
Stablecoin issuer Tether has denied a report claiming that the company is being investigated by the U.S. government.
Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.
Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws.
The Wall Street Journal claimed that Tether is being investigated for failing to comply with AML laws, but the CEO says otherwise.
Tether CEO Paolo Adroino said on Friday that there was "no indication" that the cryptocurrency firm was under any investigation after a media report that the federal government was probing the company.
U.S. investigators are probing Tether over potentially breaking anti-money laundering rules, according to The Wall Street Journal.
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
Tether CEO Paolo Ardoino has reacted to a bombshell Wall Street Journal report of a criminal probe into his company.
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation.
The US Department of Justice (DOJ) has allegedly launched an investigation into the USDT stablecoin issuer for potential anti-money laundering violations. This comes just days after the Tether CEO Paolo Ardoino called for stable crypto regulations in the country.
The US Department of Justice has launched an investigation into the stablecoin company Tether, according to a new report. A criminal investigation into the company and its dollar-pegged stablecoin USDT is underway, spearheaded by the U.S. attorney's office in Manhattan, reports the Wall Street Journal.
Paolo Ardoino, the chief executive officer of Tether, has stated that the crypto company doesn't have any immediate plans to go public.
According to a Friday report by the Wall Street Journal, Tether, the flagship stablecoin issuer, is currently being investigated by the US government.
Tether CEO Paolo Ardoino has revealed that there are no IPO plans for his company at the moment. He further explained why he doesn't believe his company need to go public anytime soon.
Tether and the City of Lugano have unveiled a life-sized statue of Bitcoin's anonymous creator Satoshi Nakamoto at the 3rd Annual Plan ₿ Forum in Lugano. According to the details from Tether's announcement, the ceremony was held in front of Villa Ciani.
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the matter, the company is in talks to revamp the country's boron markets by utilizing tokenization and establishing a national exchange for boron transactions.
Stablecoin issuer Tether has unveiled a disappearing statue of Bitcoin's creator, Satoshi Nakamoto, at the Plan ₿ Forum, celebrating the mystery and legacy of the crypto pioneer.
Users can now trade the MOODENG meme token on Binance in the form of the MOODENGUSDT Perpetual Contract with up to 75x leverage. On Oct.
Tether Holdings Ltd., the issuer behind the world's largest stablecoin USDT, has proposed an ambitious plan to Turkey's government.
Simon's Cat (CAT) is expanding, sparking hopes of a new rally after an OKX spot listing. Previously, CAT rallied after Binance's perpetual futures launch.
Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct. 24. Boron, essential in manufacturing ceramics, glass, and fertilizers, is a major asset for Turkey's economy, with sales projected to reach $1.
Tether Holdings Ltd. tried to persuade Turkey to use digital assets to renovate the country's boron market.
TL;DR Tether Proposal: Tether has proposed to the Turkish government the creation of tokens backed by boron minerals. Global boron reserves: Turkey holds more than 70% of the world's boron reserves, being a key player in its production.
They want to create digital tokens backed by boron, a mineral that Turkey has in abundance. Turkey is home to more than 70% of the world's borate mineral reserves, making it a gold mine for this valuable resource.
Turkey's state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.
Tether is seeking to introduce blockchain technology to Turkey's boron industry by tokenizing the mineral for broader adoption.
The founder and CEO of stablecoin company Tether (USDT) says that whoever wins in the upcoming US presidential election should support the growth of crypto. In an interview, Paolo Ardoino says that while the US has always been the world's prominent pack leader, it is not the case when it comes to crypto.
The world of cryptocurrency is dynamic and ever-evolving, and one of the most significant developments in recent months has been the meteoric rise of Tether (USDT). As of late October 2024, USDT's market capitalization has surpassed a staggering $120 billion, solidifying its position as the leading stable coin in the crypto market.
Tether (USDT), the largest stablecoin in the world, has just crossed a historic threshold of 120 billion dollars in market capitalization. This news, far from trivial, comes in the context of "Uptober," a traditionally favorable period for price increases of Bitcoin and other cryptos.
Tethers stablecoin USDT has hit a new milestone, surpassing a $120 billion market capitalization for the first time, possibly signalling positive sentiment for the broader crypto market. In an Oct.
USDT market cap has surged past $120 billion, driven by its trading volume on Ethereum and Tron.
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.
At the recent DC Fintech Week, Tether's CEO, Paolo Ardoino, emphasized the need for sensible crypto regulations in the United States. During a remote presentation, Ardoino discussed Tether's proactive engagement with global regulators and its commitment to compliance.
Tether's boss reiterated the stablecoin issuer's interest in providing U.S. dollars to the unbanked billions worldwide and expressed expectations for favorable regulations. Tether (USDT) CEO Paolo Ardoino told DC Fintech Week attendees that the company sees U.S.
Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he's counting on sensible crypto regulations coming soon from the U.S. "There is no place like the U.S.," he said via video link at DC Fintech Week in Washington.