Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.

MiCA-triggered crypto changes in Europe could create a “disorderly” market, according to USDT stablecoin operator Tether.

In a major win for crypto regulation, Spanish authorities, with help from the T3 Consortium, dismantled a crime syndicate, arresting 23 individuals and seizing $26.4 million. On the market side, analysts are eyeing the movement of Bitcoin by long-term holders, which could signal a bullish trend and drive up prices due to increased market liquidity.

Spain's Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.

Arbitrum (ARB) has experienced a sharp decline in recent weeks, leaving many investors facing significant losses. Over the past month, ARB has dropped by 19.42%, with its price falling from a high of $0.95 to $0.58, and it is currently trading at $0.63.

As part of its plans to comply with the European Union's Markets in Crypto-Assets (MiCA) regulation, Crypto.com has announced plans to delist stablecoin, USDT. USDT, launched by Tether, is the largest stablecoin by market cap.

Crypto.com has announced it will delist Tether's USDT and nine other tokens in Europe by Jan. 31, 2025, to comply with the European Union's Markets in Crypto-Assets Regulation (MiCA).

During a confirmation hearing to become Commerce Secretary, the billionaire Bitcoin backer faced questions about his firm's ties to Tether.

Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum's canonical stablecoin, maintaining the same contract address.

Arbitrum has experienced a sharp decline, leaving only a meager number of holders in profit.

Crypto.com will remove Tether's USDT and several other assets for EU customers in response to MiCA regulations. Starting January 31, 2025, trading restrictions take effect, and by March 31, withdrawals and conversions will be enforced. Affected users are advised to adjust their holdings before the deadline. The post Crypto Exchange Crypto.com to Delist Tether's USDT Stablecoin appeared first on Cryptonews.

Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.

U.S. Commerce Secretary nominee Howard Lutnick faced questions about his firm's relationship with Tether during a hearing on Wednesday.

Senator Elizabeth Warren has demanded answers from Howard Lutnick, President Donald Trump's nominee for Commerce Secretary, regarding his financial ties to Tether.

Crypto.com is delisting USDT and nine other tokens in Europe to comply with MiCA regulations.

Crypto.com will be delisting Tether's USDT stablecoin by Jan. 31 as part of efforts to comply with Europe's Markets in Crypto-Assets (MiCA) regulation, according to emails obtained by CryptoSlate. The exchange will also remove nine other tokens, including Wrapped Bitcoin (WBTC), DAI, Pax Dollar (USDP), PayPal USD (PYUSD), Crypto.

Crypto.com recently announced that it would delist Tether's stablecoin USDT on January 31 to comply with the Markets in Crypto-Assets Regulations (MiCA). The exchange also revealed that it would delist nine other tokens, including Crypto.com Staked ETH, Crypto.com Staked SOL, DAI, PAX Dollar, PAX Gold, PayPal USD, XSGD, and Wrapped Bitcoin.

Crypto.com Will Suspend Tether, PayPal Stablecoin Services in Europe due to MiCA

TL;DR Crypto.com will delist USDT and nine other tokens from its European platform to comply with MiCA regulations, with users having until March 31 to convert their affected assets.

Tether's USDT failure to meet MiCA compliance rules prompted the delisting.

The exchange will halt deposits from 31 January. It will disable withdrawals and delist the tokens on 31 March.

Howard Lutnick: a profile under the spotlight

Sen. Elizabeth Warren (D-Mass.) demanded answers from Commerce Secretary nominee Howard Lutnick on Tuesday with regard to his association with the controversial stablecoin-issuing company Tether (CRYPTO: USDT).

Crypto.com will delist USDT and nine other European tokens on Jan. 31 to comply with MiCA regulations.

Official communication sent yesterday to clients residing in the European Union.

Elizabeth Warren has raised concerns over Cantor Fitzgerald CEO Howard Lutnick's nomination as Commerce Secretary , citing his firm's ties to stablecoin issuer Tether. The post Elizabeth Warren Questions Trump's Commerce Secretary Pick Over Ties to Tether appeared first on Cryptonews.

Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets.

Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets.

Senator Elizabeth Warren pressed Howard Lutnick, Donald Trump's nominee to run the Department of Commerce, over his ties and interest in stablecoin issuer Tether.

The European crypto scene is changing fast, and Tether (USDT) is in trouble. Crypto.com has announced it will remove USDT from its platform by January 31, 2025. This follows Coinbase's decision to drop Tether last year.

After winning a MiCA license, Crypto.com will become the second digital asset exchange to end trading support for Tether's stablecoin.

Tokenized T-Bills can now be traded on the Arbitrum network using Spiko's money market funds.

The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.

The CEO of CryptoQuant, a digital asset analytics firm, has provided evidence suggesting that demand for Tether (USDT) remains strong, even as regulatory challenges in the European Union (EU) lead to its removal from several crypto exchanges.

Arbitrum's governance data shows that LobbyFi is now at the top spot among the DAO's delegates.

The T3 Financial Crime Unit (T3 FCU)—a joint task force formed by Tether, TRON, and TRM Labs—has frozen $26.4 million in crypto tied to a large-scale European money laundering operation, according to a Jan. 27 statement shared with CryptoSlate.

Tron, Tether and TRM Labs worked with Spanish authorities to destabilize a pan-European crypto laundering scheme.

Lately, there has been much discussion about the implications of MiCA in Europe on non-compliant stablecoins like Tether (USDT).

Arbitrum token may be on the verge of a strong bullish breakout as its ecosystem growth continues. Arbitrum (ARB) price dropped to $0.700, down by 45% from its highest level in December last year.

Tether and Medoo announce a strategic collaboration to launch a Blockchain Academy in Vietnam, aiming to boost blockchain education and adoption in the region.

USDC issuer Circle has been minting a large number of its native stablecoin closing the gap with Tether's USDT. Just over the past week, the stablecoin firm has minted more than 5 billion USDC on the Solana network, amid high demand following the launch of TRUMP meme coin.

President Donald Trump signed an executive order on Thursday to have dollar-backed stablecoins.

Data from DeFiLlama revealed that Arbitrum flipped its top rival, Base, by decentralized exchange (DEX) volumes.

The market capitalization of Tether's USDT, the world's largest dollar-pegged stablecoin, has flattened. Circle's competitive offering, USDC, is continuing to increase in supply.

Today, Tether announced that it is partnering with Medoo to open a Blockchain Academy in Vietnam. This academy will offer generalized Web3 knowledge as well as more specific professional skills.

Phemex CEO Federico Variola has assured that withdrawal functions for USDT and USDC will commence shortly. This has given relief to Phemex crypto exchange users who were eagerly waiting for an update.

Tandem, Offchain Labs' venture arm, invests in Camelot DEX, highlighting its role in Arbitrum's ecosystem with over $46 billion in traded volume and sustainable growth focus.