Tether filed a lawsuit against Swan Bitcoin, alleging breaches of agreements related to their 2022 Bitcoin mining joint venture.
Tether has initiated legal action against Swan Bitcoin, citing alleged breaches of contract related to their joint Bitcoin mining venture, established in 2022 under the name 2040 Energy.
Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment.
Tether, a prominent stablecoin issuer, has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of breaching their contractual agreements in a joint Bitcoin mining venture. The legal action, confirmed by Tether and co-claimant 2040 Energy on January 15, 2025, marks an escalation in a contentious dispute between the two companies.
In the ever-changing crypto market, seizing investment opportunities and accelerating wealth growth is a steadfast goal for every investor.
Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.
Tether, the leading stablecoin issuer, has announced plans to relocate its operations to El Salvador after securing a Digital Asset Service Provider (DASP) license. This strategic move underscores Tether's commitment to advancing Bitcoin adoption and innovation in emerging markets.
Historically, Tether's USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle's USDC and Binance's FDUSD.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Nayib Bukele, President of El Salvador, encouraged Rumble CEO Chris Pavolvski to relocate his company to the country. This comes one day after Tether announced its own move.
Tether is relocating to El Salvador as the US and Europe tighten cryptocurrency oversight.
Per the report, Circle's USDC has bridged over $850 billion between fiat currencies and is now supported on 16 blockchains.
Tether continues its journey to get a Digital Asset Service Provider (DASP) license from El Salvador. This is a new era for Tether as it shifts to one of the most Bitcoin-centric jurisdictions globally.
MEXC, the world's leading cryptocurrency trading platform, announced the launch of its highly anticipated New Year Futures Competition. With a prize pool of up to 8,000,000 USDT, this competition offers traders from around the globe the ultimate opportunity to showcase their skills, climb the leaderboards, and kickstart the year.
Tether, the world's largest stablecoin issuer, is finalizing the requirements to establish its operations in El Salvador after securing a Digital Asset Service Provider (DASP) license.
Tether, the world's largest stablecoin issuer, announced on Monday its plans to relocate its headquarters to El Salvador. This decision follows the successful acquisition of a Digital Asset Service Provider (DASP) license, a critical milestone in Tether's ongoing mission to bolster global Bitcoin adoption.
Tether will move its subsidiaries to El Salvador and establish its headquarters in the country as it fosters global Bitcoin adoption and innovation in emerging markets.
Tether, the world's largest stablecoin issuer, is relocating its operations to El Salvador after receiving a regulatory license, while simultaneously investing in the region through a $775 million stake in Rumble, which will also establish operations in the country.
Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen its focus on emerging markets.
Tether recently announced plans to relocate its headquarters from the British Virgin Islands to El Salvador with the aim of leveraging the country's crypto-friendly environment.
Tether, the company behind the USDT stablecoin, has announced that it will move its headquarters and subsidiaries from the British Virgin Islands to El Salvador.
Tether, casa di USDT, la più popolare stablecoin al mondo, ha annunciato il trasferimento delle sue operazioni principali in El Salvador.
Stablecoin issuer Tether has announced its relocation to El Salvador, the first country to adopt Bitcoin as legal tender. On January 13, Tether released an official statement confirming that the company and its subsidiaries have obtained Digital Asset Service Provider (DASP) licenses in El Salvador and are finalizing all procedures to complete the move.
Tether, the issuer of the USDT stablecoin, is relocating its headquarters to El Salvador after securing a Digital Asset Service Provider license, citing the country's favorable regulatory environment and commitment to Bitcoin adoption as key factors. The post Tether Relocates to El Salvador After Securing Operating License appeared first on Cryptonews.
Tether, the leading stablecoin issuer, is finalizing its plans to move its global headquarters to El Salvador after obtaining a Digital Asset Service Provider (DASP) license, according to a Jan. 13 statement.
Tether, the company behind stablecoin USDT, is moving to Bitcoin-friendly El Salvador—a poor country that is now attracting tech talent.
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.
Tether (CRYPTO: USDT) on Monday announced it has acquired a Digital Asset Service Provider (DASP) license by El Salvador, allowing it to subsequently relocate its operations to the Central American nation. What Happened: In a press release, the company stated El Salvador's crypto-friendly policies, favorable regulations and adoption of digital assets by its citizens prompted the decision to relocate.
Today, Tether announced that it is relocating to El Salvador after acquiring a digital asset services provider (DASP) license. The firm described this move as part of its strategy to drive global Bitcoin adoption.
USDT issuer Tether has announced its relocation to El Salvador after acquiring a Digital Asset Service Provider (DASP) license. The decision aligns with the firm's commitment to supporting cryptocurrency adoption in emerging markets, while capitalizing on El Salvador's crypto-friendly environment.
In a latest development, Tether and its subsidiaries are finalizing plans to relocate to El Salvador after securing a Digital Asset Service Provider (DASP) license and becoming a stablecoin issuer. This move positions Tether in one of the world's most forward-thinking markets.
Tether is moving to El Salvador and will collaborate with the authorities for innovative projects while pushing for the adoption of stablecoins.
Cryptocurrency firm Tether plans to move its headquarters to El Salvador, as the founders behind the world's biggest stablecoin look to capitalise on the Central American country's bid to become a hub for crypto trading.
Tether relocates to El Salvador, securing a DASP license to champion Bitcoin adoption and financial inclusion in emerging markets. The post Tether moves headquarters to El Salvador following DASP license approval appeared first on Crypto Briefing.
TL;DR Tether is relocating its operation to El Salvador after obtaining a Digital Asset Service Provider license, strengthening its global presence. This move enhances Bitcoin adoption and stablecoin usage, improving financial inclusion in emerging markets and boosting economic growth.
Tether and its subsidiaries will relocate to El Salvador following the successful acquisition of a Digital Asset Service Provider license.
The entire Tether Group will relocate its business to Bitcoin-friendly nation El Salvador after securing regulatory licenses.
Tether is moving its operations from the British Virgin Islands to El Salvador after being granted a Digital Asset Service Provider license.
Tether has created history with its mind blowing hold over the world. The financial system was revolutionized when Tether started climbing the ladder.
Tether acquires a Digital Asset Service Provider license in El Salvador, positioning itself in a Bitcoin-friendly environment to foster innovation and expand its reach in emerging markets.
As the weekend approaches, Tether has performed exemplary, topping the weekly revenue chart with $122.78 Million in fees for the last seven days.
Bloomberg's Suvashree Ghosh reports that Tether, the leading issuer of stablecoins, is embarking on a bold foray into artificial intelligence (AI) filmmaking, signaling an ambitious innovation agenda. Tether Boss Discusses Bold Step Into AI Filmmaking Renowned for its commanding role in the stablecoin sphere, Tether manages roughly $137 billion USDT in circulation.
U.S. Dollar Tether (USDT), the largest stablecoin, sees its Tron-based version outpacing Ethereum's. Transaction count data says that TRC-20 USDT might be up to 10x as popular as its ERC-20 rival.
Tether is venturing into AI filmmaking to boost its brand presence, recruiting global talent skilled in AI-driven content creation.
Taiwanese authorities have apprehended a 30-year-old man, identified as Chen, for operating as an unregistered virtual currency dealer under newly enforced anti-money laundering regulations.
Stablecoin issuer Tether has taken an unusual step in expanding its artificial intelligence (AI) business by hiring professionals in AI filmmaking, Bloomberg reported. According to Tether's careers page, the AI Filmmaker role involves using AI-driven photo and video tools to create engaging short films and videos.
As the European Union prepares to implement the Markets in Crypto-Assets Regulation (MiCA), many exchanges have suspended USDT services, raising liquidity concerns for European traders.