Tag: Tether (USDT)
Tether (USDT) is a cryptocurrency token issued by Tether Limited, which claims 80 percent of its value is backed by US dollar reserves in bank accounts or its equivalent.
Bybit and Paradigm establish strategic sales partnership
Trading platform Bybit has announced its strategic partnership with Paradigm to launch spread trading on USDT-margined instruments. The collaboration consolidates the longstanding relationship between both companies and will give traders access
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Canada decides to ban leveraged crypto transactions
Canada Securities and Exchange Commission (CSA) is preparing to take tough action in response to recent events in the crypto industry. The statement issued on Monday (December 12) includes the introduction of a
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Volcano Bonds in El Salvador are getting closer
The Volcano Bonds in Central American El Salvador are getting closer. Now the government is drafting a law to issue digital bonds. The draft should be legally valid by December, so that
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Senate hearing on the regulation of stablecoins clarifies contradicting views
The Senate Banking Committee held a hearing on December 14 to discuss the issue, use, and risks of stablecoins. The hearing took place under the working title “Stablecoins: How do
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Myanmar’s shadow government wants to use USDT tether stablecoin as its official currency
The National Unity Government of Myanmar (NUG) has announced the stablecoin tether (USDT) as the country’s official currency. It is intended to serve as a dollar substitute for domestic transactions. The
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Digital Currencies Impede US Treasury Sanction Efforts, Report says
A new report issued by the United States Treasury Department revealed that digital currencies are posing a critical impediment to its sanctions policies, a trend it is determined to put an end
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