Business

Tether claims no more commercial paper in stablecoin reserves
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18 October, 2022

Tether claims no more commercial paper in stablecoin reserves

Tether has issued a blog post in which the integrity-challenged firm claimed that as of October 12, it had "eliminated...
IOSCO wants tighter regulations for digital asset marketing to protect investors’ interests
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18 October, 2022

IOSCO wants tighter regulations for digital asset marketing to protect investors’ interests

The IOSCO sees the use of influencers to market projects as a major threat, with the report noting that these...
China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally
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18 October, 2022

China’s digital yuan crosses $14B mark, becomes most adopted CBDC globally

Amid privacy concerns, there has been a strong adoption of China's digital yuan, with transactions using the virtual currency exceeding...
Bangladesh Bank clamps down on digital currency transactions
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18 October, 2022

Bangladesh Bank clamps down on digital currency transactions

The order was given via a circular issued by the Banking Regulation and Policy Department of the central bank and...
US senator attacks SEC’s digital asset regulatory approach
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18 October, 2022

US senator attacks SEC’s digital asset regulatory approach

It’s the first time a U.S. senator has directly called out Gary Gensler’s SEC, urging the securities regulator to define...
NYDIG quietly laid off a third of its staff in September: report
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17 October, 2022

NYDIG quietly laid off a third of its staff in September: report

Sources at NYDIG say the firm, which aimed to introduce BTC to the banking system, burned through the $1b it...
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