TokenSwapCoin $TSC launches: FOMO, euphoria and hype
AMM Exchange TokenSwap launched their native exchange token TSC on September 14 at an initial price of 8,000 satoshis.
AMM Exchange TokenSwap launched their native exchange token TSC on September 14 at an initial price of 8,000 satoshis.
The suspects were accused of using misleading information and photos of beautiful women to lure mostly older and retired men to their scam, Taiwanese authorities said.
The Ontario Securities Commission continues to tighten its grip on digital currency operators, recently barring digital currency platforms from offering Tether (USDT) trading services.
The Office of the Attorney General received a Freedom of Information Law (FOIL) request at the end of June, demanding material associated with the settlement agreement reached between the NYAG and Tether/Bitfinex.
Due to Tether’s legal troubles, the Ontario securities regulator has placed the digital currency under “Prohibited Crypto Assets,” the only asset under this category.
The fact that billions in fresh capital allegedly continue to pour into Tether’s coffers despite the looming threat of more legal action will only fuel skepticism surrounding the existence of the fiscal reserves backing USDT.
The U.S. Federal Reserve recently released minutes of its latest meeting, and one of the topics they discussed was stablecoins, specifically the risk stablecoins pose to financial stability.
Reginald Fowler stands accused of providing shadow banking services through his firm Crypto Capital among multiple other charges. The firm has links to both iFinex, the parent company of Bitfinex and Tether, and Colombian drug cartels.
In light of the U.S. government’s crackdown on digital currencies, the Department of Justice is reportedly pulling together a probe on Tether executives for bank fraud allegations.
The jig may be up for the Tether stablecoin following a trainwreck CNBC interview and regulators losing patience with the digital currency sector’s aversion to oversight.
While the sheer size of the Tether and USDT scheme makes them lightning rod for stablecoin criticism, they aren’t the only stablecoin.
One of the most recognizable digital asset service providers still left standing from a bygone era in crypto, Coinbase was going public at the tail end of a historic run-up in digital assets prices almost across the board.