In a move that could have significant implications for the global cryptocurrency market, the US-based crypto exchange Kraken is “actively reviewing” plans, including removing support for Tether’s USDT stablecoin within the European Union (EU). The potential delisting comes as the EU prepares to implement a new regulatory framework, Markets in Crypto-Assets (MiCA), set to take […]
Chinese law enforcement agencies have announced a breakthrough in their fight against illegal financial activities. They have dismantled a large underground banking gang allegedly involved in facilitating illegal transactions using Tether’s USDT stablecoin. The operation spans multiple provinces and is believed to have enabled over $2 billion worth of illicit USDT transactions. 193 Suspects Arrested […]
In a recent podcast interview, Ripple’s CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government’s target list. Tether’s CEO, Paolo Ardoino, refuted Garlinghouse’s comments and accused him of spreading fear. Is Tether Next In Line? Ripple’s CEO joined Quantum’s founder, Chris Vasquez, for his World […]