Tether
Coinbase loses $400 million, 1.5 million customers and 14% of staff
Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Tether begins first stablecoin audit as Lutnick loan scrutiny mounts
Tether posts strong Q1 profits as its long-awaited audit begins, while Senate scrutiny, controversial loans, and global stablecoin regulations intensify.
Stablecoins losing cross-border appeal; Circle v Tether in DeFi fight
Stablecoins Tether and Circle are locked in a DeFi fight, Meta pilots USDC payouts, and EU sanctions tighten on Russia...
CLARITY Act: Stablecoin impasse causing DeFi, ‘ethics’ concerns to grow
U.S. crypto market faces challenges as stablecoin debates continue, with Senate action on CLARITY Act delayed and ethics concerns highlighted.
US sanctions Iran wallets, freezes $344M USDT
OFAC sanctions Iran-linked crypto wallets and urges Tether to freeze $344M in USDT, intensifying U.S. efforts to choke Tehran’s global...
UK FCA opens consultation on crypto scope
The U.K.'s FCA is seekign feedback on its digital currency regulation, defining qualifying cryptoassets and stablecoins, ahead of new rules...
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