Kraken to shutter Tether trading in Europe by March 31
Kraken has announced plans to end support for Tether’s token and other non-compliant stablecoins for European clients. The crypto exchange will delist the $140 billion U.S. dollar stablecoin Tether (USDT) by March 31, due to new regulations established by the European Union. News of this decision first surfaced last May when the platform was reportedly […]
Tether brings USDT to Bitcoin and Lightning Network
Tether’s latest move puts USDT directly on Bitcoin’s infrastructure, allowing stablecoin transactions to settle faster and more efficiently via the Lightning Network. Tether (USDT), the world’s largest stablecoin issuer, has announced its integration with Bitcoin’s (BTC) ecosystem, marking a new step in the stablecoin’s expansion beyond traditional blockchain networks. Revealed on Jan. 30 at the […]
Tether disappointed with ‘rushed actions’ on MiCA-driven USDT delisting in Europe
MiCA-triggered crypto changes in Europe could create a “disorderly” market, according to USDT stablecoin operator Tether. Source link
Tether, TRON, TRM Labs freeze $26m in crypto linked to criminal network across Europe
Spain’s Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.4 million in crypto tied to a money laundering network operating across Europe. According to a Jan. 29 press release, T3 FCU — a […]
Elizabeth Warren presses Trump’s commerce pick Lutnick over Tether ties
Senator Elizabeth Warren has demanded answers from Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, regarding his financial ties to Tether. Ahead of Lutnick’s Senate confirmation hearing, Warren sent a letter questioning his ability to serve impartially while maintaining connections to Tether (USDT). Warren cited Lutnick’s role as CEO of Cantor Fitzgerald, a key […]
Crypto.com to delist Tether for EU users on Jan. 31
After securing a Markets in Crypto-Assets license,Crypto.com will become the second major digital asset exchange to discontinue trading support for Tether’s stablecoin in Europe. Crypto.com plans to delist Tether’s U.S. dollar-pegged stablecoin (USDT) by Jan. 31 for European customers due to compliance with Markets in Crypto-Assets Regulations, per an email issued to users seen on […]
Tether USDt tops salary payments and savings in EU in 2024 — Brighty
Tether USDt was the top deposited currency by earners on Brighty last year, accounting for 85% of all crypto deposits. Source link
Coinbase would delist Tether if necessary: WSJ
CCoinbase has expressed a willingness to remove Tether’s stablecoin from its platform depending on how the U.S. regulatory landscape evolves under President Donald Trump. According to the Wall Street Journal, Coinbase CEO Brian Armstrong said the largest U.S. crypto exchange could delist $138 billion dollar-pegged stablecoin if new U.S. laws required it. Armstrong predicted that […]
South Korea arrests six Chinese suspects over alleged $690k Tether heist: report
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won (nearly $690,000) during Tether (USDT) transaction at a hotel on Jan. 16, Maeil Business Newspaper […]
Tether launches its USDT0 stablecoin on Kraken’s L2 Ink
Tether’s cross-chain stablecoin solution, USDT0, has launched on Ink, the layer 2 blockchain by crypto exchange Kraken. In an announcement on Jan. 16, Ink revealed that Tether had selected it as the first blockchain for the deployment of the omnichain Tether (USDT) expansion and interoperability token, USDT0. The new token is built on LayerZero’s Omnichain […]
