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Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
27.11.2024
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron
Circle to phase out consumer accounts, but business and Mint will remain
31.10.2023
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out
Reddit to Phase Out Blockchain-Based Community Point Tokens (MOON and BRICK) – What's Going On?
18.10.2023
The popular social media platform Reddit announces plans to phase out and discontinue blockchain-based community point reward tokens (MOON and BRICK) by November.
On October 17, an announcement was made by a Reddit team member in the r/CryptoCurrency subreddit stating that while they saw some...
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
6.10.2023
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules
Binance to Gradually Phase Out Support for BUSD Stablecoin
31.8.2023
The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance...
Russia and Iran Phasing Out US Dollar in Bilateral Trade Settlements
19.5.2023
The governments of Russia and Iran are starting to phase out the usage of the U.S. dollar to conduct bilateral trade settlements. Russian Deputy Prime Minister Alexander Novak stated that 80% of Russia-Iran trade transactions are settled using national currencies and that they are considering also...
Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
18.11.2019
MakerDAO launches Multi-Collateral Dai today, expecting old Dai to phase-out in several months