If stablecoin rules tighten, could Bitcoin and gold reserves face an unexpected sell-off?
Tether, the world's largest stablecoin issuer, is actively engaging with U.S. lawmakers to help shape federal regulations for the stablecoin sector. The post Tether Engages With U.S. Lawmakers to Shape Federal Stablecoin Regulations appeared first on Cryptonews.
Regulations surrounding stablecoins are no longer a distant threat for crypto issuers. They are now an unavoidable reality.
According to data from CoinMarketCap, Tether has a market capitalization of over $142 billion — making it the largest stablecoin issuer.
The issuer of the world's largest stablecoin, Tether, has just acquired a minority stake in the prestigious Italian club Juventus. This announcement marks a new milestone in the convergence between the crypto sector and professional sports.
Tether is the most prominent player in the stablecoin market. It has a market cap of nearly $142,009,666,873. A statement posted on X by acclaimed business journalist Eleanor Terrett reveals that Tether is working with US lawmakers to develop a clear stablecoin regulatory framework in the country.
The acquisition of a minority stake in Juventus Football Club by Tether marks a strategic move into the sports industry which aligns with the company's broader vision of integrating blockchain, AI, and digital assets into mainstream sectors.
Tether, the issuer of USDT, is actively engaging with US lawmakers to help shape the future of stablecoin regulations, according to FOX Business journalist Eleanor Terret.
Tether's collaboration with US lawmakers on stablecoin regulation could reshape the crypto market, impacting compliance and operational strategies. The post Tether engages with US lawmakers on stablecoin regulatory framework, says CEO Paolo Ardoino appeared first on Crypto Briefing.
Top stablecoin firm Tether is joining forces with one of the winningest football clubs in the world. According to a new announcement from Tether, the crypto firm has purchased a minority stake in the Torin, Italy-based football club Juventus.
Tether CEO Paolo Ardoino joins CNBC Crypto World to discuss developments in U.S. stablecoin regulation and why Tether is moving its headquarters to El Salvador.
The investment arm of stablecoin leader Tether has acquired a minority stake in prominent Italian soccer club, Juventus.
Tether, the issuer of USDT, has taken a minority stake in Juventus Football Club, marking a strategic expansion into sports, AI, and biotech. The investment reflects Tether's broader goal of integrating digital assets into traditional industries, with blockchain solutions continuing to shape sports finance and operations. The post Tether Acquires Minority Stake in Juventus Football Club appeared first on Cryptonews.
Tether has just bought into one of Europe's most famous soccer clubs. The company behind USDT, the world's biggest stablecoin company, announced on Friday that it has acquired a minority stake in Juventus SpA.
Although USDT on-ramps are now free on Wallet, withdrawal fees can still be as high as 3.5 USDT.
Although USDT on-ramps are now free on Wallet, withdrawal fees can still be as high as 3.5 USDT.
Tether acquired a minority stake in Juventus, a world-famous Italian football club, causing its JUV fan token to spike. Tether is investing in a team with a pre-existing Web3 presence, and it plans to bring more teams on-chain.
Tether Limited announces strategic investment in Juventus Football Club, marking a significant move to merge digital assets with traditional sports infrastructure.
Tether's Investment in Juventus FC marks a strategic expansion beyond USDT, fueling blockchain integration in sports and boosting JUV fan token prices.
Aptos (APT) has recently triggered a buy signal on its weekly chart, suggesting a potential rebound for the cryptocurrency. However, while the outlook looks optimistic, several obstacles remain, and it's unclear whether the momentum can be sustained in the coming days.
The shares of the club and the fan token JUV rise after the announcement of the acquisition.
JUV rose 200%, with tokens like LAZIO and PORTO also experiencing significant price jumps.
Stablecoin issuer Tether has invested in Juventus Football Club as the firm expanded beyond digital payments, Bitcoin, and AI.
TL;DR Tether has acquired a minority stake in Juventus, marking its first entry into professional sports. The investment is part of its diversification strategy, which includes areas such as AI, Bitcoin mining, and biotechnology. Juventus will leverage blockchain technology to enhance fan experience and management.
Worth more than $2 billion, Juventus is the world's 11th most valuable football club.
Tether's minority stake acquisition into Juventus, or Juve, aligns with the stablecoin issuer's goal of bringing digital assets mainstream.
Tether Investments announced a minority stake in Juventus Football Club. The move follows the unveiling of a long-term strategy designed to integrate digital assets, payment solutions, artificial intelligence, bitcoin mining, and biotech into traditional industries.
Tether Investments has announced a strategic investment in the Italian football club Juventus. This comes amid JP Morgan's statement that the USDT issuer might need to sell its Bitcoin holdings to comply with US stablecoin regulations.
Telegram Wallet now allows fee-free USDT purchases in 60 countries to enhance stablecoin adoption in partnership with TON and Mercuryo.
Crypto currency firm Tether Investment said on Friday it bought a minority stake in Italian Serie A soccer club Juventus.
"We will explore avenues for innovative collaborations and the potential to revolutionize the global sports landscape," CEO Ardoino said.
The stablecoin issuer's investment arm said it is acquiring a minority stake in the Italian club.
Tether's investment in Juventus signals a strategic shift towards integrating digital assets and technology within the global sports industry. The post Tether acquires minority stake in Italian football club Juventus appeared first on Crypto Briefing.
Bybit will phase out options and futures products, replacing them with Tether (USDT) as they expire. Despite using USDT, Bybit aims to gain MiCA compliant status for the Euro area.
Will Tether sell its 87K BTC reserve to comply with US new regulations on stablecoins?
Tether has strongly refuted JPMorgan analysts' claims that it may need to sell Bitcoin to comply with proposed US stablecoin regulations.
A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether's stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.
Crypto: Tether strikes back after JPMorgan's predictions of a massive Bitcoin sell-off. Should we be worried?
Aptos is showing signs of a potential rebound, but faces significant resistance and declining market interest.
JPMorgan analysts have warned that Tether may need to sell off non-compliant assets, including Bitcoin, precious metals, corporate paper, and secured loans.
JPMorgan warns Tether may sell Bitcoin amid U.S. stablecoin regulations, triggering a BTC drop. Meanwhile, Bitcoin's falling wedge pattern hints at a breakout to $100K+.
JPMorgan warns that Tether, issuer of USDT, may face compliance hurdles from proposed U.S. stablecoin regulations. The GENIUS Act, targeting federal oversight for stablecoins with over $10 billion market cap, and the STABLE Act, imposing stricter state-level reserve standards, could force adjustments to Tethers asset holdings.
An initiative supported by high-profile investors
Ardoino shot down the JPMorgan report that suggested his firm may be forced to liquidate bitcoin to comply with upcoming stablecoin regulation.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty.
According to a report from JPMorgan, Tether may need to sell Bitcoin and other commodities to reach compliance with proposed US stablecoin rules. CEO Paolo Ardoino disputed this on social media but didn't address the core concerns.
Plasma just locked in $24 million to launch a blockchain built specifically for Tether. The new network, set to go live in the second quarter of 2025, promises zero-fee transactions and a streamlined system designed solely for stablecoins.