Japan’s FSA to lift ban on foreign stablecoins by June 2023
The Financial Services Agency said that work is currently underway to allow the domestic distribution of stablecoins in the country but added that there would be certain restrictions.
Latest Tether News
Binance resorting to shady payment providers as legitimate options run short
Signature’s decision to pull back from the digital asset space chaos won’t stop Binance from finding another bedfellow—the question is which disreputable company is next up to the plate.
Binance is bad news—is anyone still surprised?
FBI special agent Daniel Sirmons believes that funds deposited into Binance accounts are from ransomware attacks and, thus, subject to civil forfeiture, a move the exchange said it wouldn't comply with.
Systemic risk and digital assets
The impact of FTX's collapse may be largely restricted to the digital asset industry, but one effect the crisis had outside of the space was to put the concept of systemic risk back onto the agenda.
Unravelling the Moonstone Bank stablecoin gambit
A few weeks before the collapse of FTX, Moonstone Bank partnered with fintech company Fluent Finance on a stablecoin venture to "accelerate crypto adoption by issuing US+ stablecoin."
Philippines: SEC warns public against investing in Tether Pay
An online investment from Tether Pay claimed to offer investors returns of up to 210% in 70 days or 3% daily while assuring users of the option to withdraw their funds at any time.
Sam Bankman-Fried’s only way out is ratting on Binance and Tether
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Why did Bitfinex delist BSV? Joshua Henslee explains the situation
Henslee concludes that it’s a good thing BSV was delisted from Bitfinex as this exchange is shady for him, and it’s best not to be associated with it in any way, shape, or form.
What does Senator Pat Toomey’s stablecoin bill mean for the digital currency industry?
Senator Pat Toomey’s Stablecoin TRUST Act of 2022 bill and any laws based on it would reward issuers that play by the rules and push the likes of Tether out of the U.S. market.
The economic gamble of digital dollarization
So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with wide arms and closed eyes across large parts of Latin America.
Binance caught funneling tokens to shore up ‘independent’ Binance.US
The Binance digital asset exchange has some explaining to do after blockchain data showed it financially rescuing its supposedly ‘independent’ Binance.US offshoot.
FTX’s Sam Bankman-Fried arrest spells doom for Tether and Binance
Following his arrest in the Bahamas, SBF will have to face charges brought against him, with former FTX CEO John Ray III set to testify in court over the exchange's collapse.