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news-imageOctober 7, 2024

USDT news: the stablecoin of Tether risks delisting

The company is preparing to become compliant with the European MiCA to avoid delisting.
Publisher: The Cryptonomist
Sentiment: Negative
USDT

More News Articles

Negative
cover-imageBitcoin
October 6, 2024

Coinbase to Delist USDT in Europe Amid New EU Regulations

Coinbase has announced plans to delist Tether's USDT and other stablecoins that do not comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase's efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state.

Negative
cover-imageBitcoin
October 5, 2024

US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure.

Positive
cover-imageThe Currency Analytics
October 3, 2024

Tether's USDT: A Lifeline Beyond Cryptocurrency Markets

Tether's USDT has become a fundamental part of the financial landscape, not only within the cryptocurrency market but also in the broader global economy. Paolo Ardoino, CEO of Tether, shared insights in a recent interview about how USDT serves as a financial lifeline in countries facing inflation and weak financial systems.

Positive
cover-imageThe Currency Analytics
September 30, 2024

Tether Partners with DOJ to Seize $6 Million from Crypto Scam Operations

Tether, a leading stable coin issuer, has teamed up with the U.S. Department of Justice (DOJ) to seize $6 million in digital assets linked to elaborate scams. These fraudulent operations, predominantly based in Southeast Asia, involved scammers impersonating legitimate cryptocurrency exchanges, effectively duping victims out of their hard-earned money.

Negative
cover-imageCointribune
September 30, 2024

Crypto: $625M Lost For Tether And Stablecoins!

As the Federal Reserve (Fed) starts to change course on interest rates, Tether and four other stablecoin issuers risk seeing $625 million in annual interest income melt away. This upheaval, revealed by a recent CCData report, highlights stablecoins' reliance on U.S. Treasury bonds, a crucial pillar of their economic model.

Neutral
cover-imageBitcoin
September 30, 2024

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims.

Neutral
cover-imageBitcoin
September 27, 2024

Tether Helps Dutch and US Authorities Seize $7.8M in Crypto

Tether, the world's largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in the seizure of €7 million ($7.8M) in crypto and the freezing of illicit wallets.

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