Stablecoins
Tether sued for $3.5 billion for liquidating Celsius loan collateral
The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
Bank of England, BIS outline Pyxtrial project for monitoring stablecoins
Reeling from the aftermath of the Terra collapse, the BIS and BoE will carry out Pyxtrial, an initiative focused on...
Bahamas shores up digital asset loopholes with DARE Act, 2 years after FTX implosion
When FTX moved to the Bahamas in 2021, the government said it was proof the country was becoming a tech...
Coinbase profits plunge as retail traders lose their appetite for self-destruction
Things aren't looking good for Coinbase, which recorded a significant drop in transaction revenue and profit in Q2 while dealing...
Tether celebrates ‘profits’ but market manipulation lawsuit won’t go away
Tether recently issued its latest attestation report on the reserve assets allegedly backing up the over $113 billion in circulating...
Swiss finance regulator updates rules for stablecoin issuers
The guidelines come in the wake of increased global attention to stablecoin legislation and the new stablecoin provisions of the...
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