The outcome of the case could have a huge impact on digital asset markets, with Tether regarded as the asset that backs up much of BTC's (and other popular assets) price.
The decision follows a filing by the U.S. securities regulator against parent company Ripple Labs Inc. for failing to register with the SEC.
Whenever the curtain is pulled back on the operations of Tether, the representations made by its executives change dramatically.
With a large portion of the "money" flowing into digital asset markets recently coming from USDT, any regulatory action against it could have a large negative impact, Jon Southurst writes.
The United States has passed huge reforms to its anti-money laundering regime, bringing digital asset exchanges and others dealing in digital assets further within the reach of regulators.
In his latest blog post, “About Coinbase,” Dr. Craig Wright alludes to the trouble on the horizon for Coinbase.
The myth of decentralization and a lack of understanding regarding the state of digital assets and platforms have allowed assets such as BTC and ETH to secure the “SEC pass,” Johnny Jaswal writes.
The Binance team claimed that low trading volume and limited liquidity were the reason for the shutdown.
The U.S. securities regulator has reportedly revealed plans to file a suit against Ripple (the company), its CEO Brad Garlinghouse and founder Chris Larsen.
New York Attorney General Letitia James has requested a New York court to extend the deadline for documents submission by iFinex Inc., the parent company of Bitfinex and Tether.
Michael Saylor and MicroStrategy have taken up a lot of space in the news thanks to their aggressive accumulation of BTC, but as is often the case with digital asset hype, the red flags are too many to ignore.