Cryptocurrency company Tether condemned a report from The Wall Street Journal (WSJ) posted Friday (Oct. 25) that said federal agencies are investigating the company for possible violations of sanctions and anti-money laundering (AML) rules. The WSJ report cited unnamed sources. “These stories are based on...
The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment...
In the world of cryptocurrency, a project with ties to the popular messaging app Telegram has been making waves this year. The Open Network (TON) blockchain, which is associated with Telegram Messenger LLP, has seen a notable surge in value even amidst a broader rally in...
December 12, 2022
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to shore-up user confidence via a mix of stability, trust, and regulation surrounding internal reporting and controls, among other things. This, as the widely reported collapse of cryptocurrency exchange FTX last […]
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
June 05, 2022
Call it a case of making money while minting money. Literally. That’s the goal, anyway. Within financial services, a slew of companies have come to market in a bid to...
October 25, 2024
Cryptocurrency company Tether condemned a report from The Wall Street Journal (WSJ) posted Friday (Oct. 25) that said federal agencies are investigating the company for possible violations of sanctions and anti-money laundering (AML) rules. The WSJ report cited unnamed sources. “These stories are based on pure rank speculation despite Tether confirming that it has no […]
October 06, 2024
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s...
July 07, 2024
In the world of cryptocurrency, a project with ties to the popular messaging app Telegram has been making waves this year. The Open Network (TON) blockchain, which is associated with Telegram...
June 17, 2024
Tether has launched a new digital asset called Alloy by Tether, which is backed by Tether Gold. This asset aims to “redefine stability in the digital economy” by combining the strengths of...
