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Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
20.10.2022
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
14.10.2022
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine...
Tether Drops All Commercial Paper from Reserves in New Transparency Push
14.10.2022
The stablecoin issuer Tether has finally eliminated its exposure to commercial papers, replacing them with much more liquid and secure US Treasury Bills.
According to an announcement from Tether, the move to eliminate its commercial paper holdings and replace it with US Treasuries is part of...
Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund for Loans to Bitcoin Miners
14.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund...
US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
14.10.2022
Law firm Roche Freedman was removed even after its controversial founder Kyle Roche filed to withdraw from the case
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...
Tether, el emisor de la stablecoin USDT, reduce a cero sus tenencias de papel comercial
13.10.2022
La empresa ha ido sustituyendo gradualmente su tenencia de papel comercial por bonos del Tesoro de Estados Unidos
Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
13.10.2022
The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper
Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero
13.10.2022
The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
11.10.2022
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay
Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption
10.10.2022
The number of companies in Brazil holding cryptoassets hit an all-time high in August, with bitcoin (BTC) and tether (USDT) standing at the top of the adoption list.
Per the local media, Receita Federal do Brasil (RFB), or the Federal Revenue of Brazil, which is the country’s tax authority...
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
9.10.2022
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most...
New Study Says BTC Outperformed Both S&P 500 and Nasdaq in September
8.10.2022
Despite seeing a 3.11% drop in value in September, bitcoin still outperformed both the S&P 500 and Nasdaq, the latest Cryptocompare report has shown. Ethereum, on the other hand, was named “the worst performer after the long-awaited Merge proved to be a ‘buy the rumour, sell...
US DOC agency NIST explores security, safety, trust of stablecoins
8.10.2022
The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization
McDonald’s Starts Accepting Bitcoin and Tether in Lugano, Switzerland
5.10.2022
Plan ₿ Foundation, a joint initiative between the Swiss City of Lugano and USDT stablecoin issuer Tether, announced a collaboration with payment facilitator GoCrypto to officially bring bitcoin (BTC), tether (USDT), and LVGA payments to Lugano – enabling citizens to use their wallets at McDonalds...
Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable Toncoin Trade on Telegram + More News
4.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable...
Tether Holdings Revealed – Commercial Paper Holdings Slashed
4.10.2022
The stablecoin issuer Tether has revealed new details about its holdings of reserve assets, and now says a majority of its holdings are in the form of US treasuries.
In a tweet posted on Monday, Tether’s chief technology officer Paolo Ardoino said that 58.1% of the assets backing up the popular...