Tether


Finance

Tether’s USDT to Launch on Avalanche

The company behind the stablecoin also said that through an integration with Bitfinex, investors would have fast access to the token on the crypto exchange at low cost.

Tether

Policy

US Stablecoin Report Gets Mixed Reviews From Crypto Industry

Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.

“The crypto industry is trying to walk a fine line between benefiting from the legitimacy provided by government oversight while trying to stay clear of extensive and intrusive regulation," says one academic. (Art Institute of Chicago)

Videos

Biden Administration: Stablecoins Should Be Regulated Like Banks

The long-awaited stablecoin report from the President’s Working Group on Financial Markets (PWG) suggests prudential bank regulators should oversee stablecoin issuers. Rep. Warren Davidson (R-Ohio) shares insights into the U.S. crypto regulatory landscape for stablecoins, custody issues, DeFi, and tether.

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Policy

Why Stablecoin Regulation Isn’t ‘Urgent’

The risks are real, but today’s report looks like a power grab.

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

Finance

Tether Enlists Startup to Help It Comply With Money Laundering Rules

The stablecoin issuer has started a trial partnership with Notabene, whose software tracks crypto transactions.

Tether

Policy

What Stablecoins Might Become

At issue is whether issuers of the digital assets will be regulated like banks.

(CoinDesk archives)

Finance

Hindenburg Research Offers $1M Reward to Uncover Tether’s Backing

The firm said it “has doubts” about Tether’s backing.

Zeppelin (Matthias Wewering/Pixabay)

Finance

Stablecoins Like Tether Could Pose New Risks to Securities Markets, Fitch Warns

“Stablecoin-related turbulence could both affect the CP [commercial paper] market itself and transmit shocks to other market participants,” the ratings agency wrote.

A sign for the financial ratings agency Fitch in London, U.K. (Matt Lloyd/Bloomberg via Getty Images)

Policy

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.

Rostin Behnam, acting chairman of the Commodity Futures Trading Commission, from left, Jerome Powell, chairman of the U.S. Federal Reserve, and Jelena McWilliams, chairman of the Federal Deposit Insurance Corporation, walk to the West Wing of the White House in Washington, D.C., U.S., on Monday, June 21, 2021. President Biden is meeting with the nation's top financial regulators for an update on the state of the country's financial systems and institutions. Photographer: Stefani Reynolds/Bloomberg via Getty Images

Videos

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.

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