Whales are making big moves in the market, which could load up on projects that show strong fundamentals and long-term potential.
From what has been said, Coinbase would be ready to delist USDT.
Wanchain wants to introduce a series of cross-chain routes that will connect Polygon zkEVM with major blockchain networks.
Coinbase CEO recently stated that his exchange would delist Tether's USDT if authorities demand it or if Tether fails to comply with new US laws.
In its support of compliance efforts, Coinbase has signaled a readiness to adjust its offerings, including a possible USDT delisting.
Tether USDt was the top deposited currency by earners on Brighty last year, accounting for 85% of all crypto deposits.
Congress is considering laws requiring stablecoins like Tether to be backed by U.S. Treasury bonds. The goal of Coinbase is to ensure a higher level of transparency and stability.
What is Kraken's Ink and why is it important?
Coinbase CEO Brian Armstrong has expressed concerns that upcoming U.S. regulations for stablecoins may require issuers to back their tokens fully with U.S. Treasury bonds.
Trump's latest remarks after his inauguration on crypto regulations have created a euphoric moment for Bitcoin and other assets. Bitcoin came out of the choppy market with a smashing ATH of $109K. However, there is still fear and panic in the market as many think this new policy change may impact non-US entities.
According to CEO Brian Armstrong, Coinbase would delist Tether's USDT stablecoin if compelled by new legislation. A few current attempts to rework US crypto legislation would impact the firm, but they have not advanced yet.
Brian Armstrong, CEO of Coinbase Global, has confirmed that the cryptocurrency exchange would remove the stablecoin Tether (USDT) from its U.S. trading platform if it is required to comply with new legislation. Speaking at the World Economic Forum in Davos, Switzerland, Armstrong highlighted Coinbase's commitment to regulatory compliance and emphasized the need to provide customers
Coinbase has signaled a willingness to remove Tether's stablecoin from its platform depending on how the U.S. regulatory landscape matures under Donald Trump.
Crypto-asset service providers (CASPs) are required to delist non-compliant stablecoins, but a "sell-only" period will be in effect until the first quarter of 2025 to allow investors to liquidate their positions. The post ESMA Pushes for Delisting of Non-MiCA Compliant Stablecoins, Sets Q1 2025 Deadline appeared first on Cryptonews.
India's enforcement agencies are ramping up efforts to dismantle crypto-based fraud networks.
Following a surge to $295 driven by OFFICIAL TRUMP memecoin's success, Solana's network reaches record highs.
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a crypto dealer and stealing $689,000 in cash during a Tether transaction, with police recovering part of the funds while developing their case against the suspects who claim they were the victims.
Cybercriminals in the Indian state of Rajasthan are using stablecoins like USDT to funnel illicit loot to scam operators outside the country.
The first restrictions should arrive from the first of February, while the definitive stop from the first of April.
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange.
Polkadot's (DOT) price has faced significant turbulence lately, despite some optimism in the broader altcoin market. After an initial breakout attempt last week, which briefly generated hopes of an upward trend, DOT quickly retraced, leaving traders wondering what's next.
The altcoin market is doing well, but DOT is not. What are the reasons?
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week's edition of Latam Insights, Tether relocates its headquarters to El Salvador, Rumble closes a cloud deal with the Salvadoran government, and Nubank opens its USDC rewards program for all Latam customers.
Polkadot (DOT) has shown significant bullish momentum in recent days, gaining strength with an upward price move that has many analysts predicting a rally towards $12. Following a breakout from a falling wedge pattern on its daily chart, DOT is currently trading at $7.42, marking a 6.25% rise in just 24 hours.
Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country.
Howard Lutnick, Donald Trump's Commerce Secretary, who's also among the founding members of the Department of Government Efficiency (DOGE), has some deep ties with USDT stablecoin issuer Tether. However, Senator Elizabeth Warren has raised strong questions citing the regulatory doubts over Tether's operations.
The Indian crypto exchange WazirX says it has frozen $3 million worth of the stablecoin USDT connected to the massive $230 million hack on its platform last year. WazirX says the freeze represents an “important milestone” in recovering user assets.
Indian crypto exchange WazirX freezes $3M of stolen USDT, the first asset recovery since the July 2024 cyberattack. Hackers exploit vulnerability in WazirX's multi-signature security to steal over $234M.
Tether Holdings Ltd. is expanding its footprint in the United States following impressive profit growth in 2024.
Crypto exchange WazirX, the largest crypto exchange in India, has frozen $3 million in USDT from last year's catastrophic security breach.
WazirX's fight against cybercrime has paid off with its recent freezing of $3 million worth of USDT.
Polkadot's rally has gained strength with bullish patterns and market support.
Trump's pro-crypto stance has inspired Tether's US expansion plans, but the CEO admits the need for regulatory clarity before committing.
Solana price has surged this week, and the rising odds of a SOL ETF may push it higher this year. One way of taking advantage of SOL's price action is to invest in top Solana rivals that could replicate its success this year.
This initiative leverages LayerZero's top-tier cross-chain bridging technology. This will allow Tether's USDT to seamlessly operate across multiple blockchains.
Tether is eyeing US expansion while awaiting regulatory clarity, ramping up lobbying efforts, and expecting record-breaking profits for 2024.
Tether CEO revealed plans to expand business in the US ahead of Trump's inauguration. Largest stablecoin issuer bagged billions of profits in 2024 following Trump's election.
Tether has launched USDT0, a new cross-chain stablecoin on Kraken's Layer-2 network, designed to simplify USDT transfers across different blockchain platforms, with planned expansion to Berachain and MegaETH.
USDT0, the new omnichain stablecoin supported by LayerZero and guaranteed by Tether, represents a breakthrough for cross-chain liquidity.
Tether has filed a lawsuit against Swan Bitcoin, alleging serious contract violations in their shared Bitcoin mining venture, 2040 Energy, which was established in 2022.
Le Slapdrop Slap-to-Earn de Catslap dévoile son classement, mettant en avant les 10 meilleurs joueurs qui repartiront chacun avec 10 000 USDT. Les fonds, soit un total de 100 000 dollars, ont été transférés et peuvent être consultés via le portefeuille suivant : https://etherscan.io/address/0x5D1a7B8b3Ff10A11eD674FE51bfbcE5e63Cea0#tokentxns.
“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.
Tether Holdings Ltd. is expanding in the United States after making record profits in 2024 and amid expectations of a more crypto-friendly environment under the new president, Donald Trump.
Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The stablecoin company, which issues USDT, the largest fiat-pegged by market capitalization, announced that USDT0 aims to expand its capabilities to new blockchain environments.
Tether is launching a new cross-chain stablecoin, USDT0, in collaboration with Kraken. The token will largely focus on interoperability.
Tether has chosen Ink, Kraken's Ethereum-based layer-2 network, as the first platform for USDT0, with trading set to begin today at 15:00 UTC.
Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers.
Tether has announced the launch of the latest stablecoin – USDT0, which is now available on Kraken's Layer 2 solution built on Ethereum, Ink. This initiative is going to facilitate the compatibility of USDT stablecoin within various blockchain infrastructures.