In 2024, twice as many Ukrainian officials declared cryptocurrencies, the leaders — National Police officers
In 2024, 2,113 Ukrainian officials filed declarations that included cryptocurrencies. This is 2.2 times more than before the full-scale invasion of Ukraine. Overall, the number of such declarations increased by 10% compared to the previous year.
Binance to remove trading pairs with 9 stablecoins, including USDT and DAI
The world’s largest crypto exchange Binance has announced the removal of spot trading pairs with stablecoins that do not correspond to EU Regulation on markets in cryptoassets (MiCA). The changes will take effect in March and apply to users of the European Economic Area (EEA). Nine stablecoins were delisted:
Tron launches Gas Free: USDT transactions without commission
Founder of the Tron blockchain and owner of a banana for $6.24 million, Justin Sun announced Gas Free feature for Tether’s USDT stablecoin. This update, which will be implemented over the next week, will allow USDT transactions to be made without the need to use the native Tron token (TRX) to cover fees (gas).
Stablecoins overtook Visa and Mastercard in 2024, — ARK Invest
The volume of transactions using of stablecoins in 2024 reached a record $15.6 trillion (it was $7 trillion in 2023), exceeding Visa’s by 119% and Mastercard’s by 200%. This is what the reports Big Ideas 2025 by ARK Invest.
MiCA vs. cryptocurrencies: can USDT and other stablecoins survive in the EU?
The European cryptocurrency market is on the verge of significant changes due to the MiCA regulation, which sets strict requirements, including for stablecoins. Popular USDT and DAI risk being permanently removed from European platforms, which is causing concern among users. Will the new rules really protect consumers, or will they be a blow to…
Tether invests $775 million in YouTube competitor and launches its own AI platform
Tether, a global leader in the stablecoin arena, is gearing up to launch an artificial intelligence (AI) platform in the first quarter of 2025 as part of its diversification strategy. The platform will allow users to interact with AI through their mobile devices.
Coinbase to drop Tether USDT and 5 other stablecoins in Europe
Cryptocurrency exchange Coinbase will remove six stablecoins from platforms in Europe due to the upcoming implementation of stricter regulations under the European Markets in Crypto-Assets Regulation (MiCA) law.
Ripple enters the final stage of launching RLUSD stablecoin — USDT’s main competitor
Ripple’s stablecoin, RLUSD, has received the final approval from the New York Department of Financial Services (NYDFS), announced CEO Brad Garlinghouse.
USDT’s dominance is falling rapidly: a bad sign or vice versa?
The dominance of Tether (USDT), the largest stablecoin by market capitalization, continues to decline. This began on the eve of the US presidential election and is still ongoing.
Acquaintances robbed Ukrainian in Thailand of $249k in cryptocurrency
A 23-year-old Ukrainian man, Vyacheslav Leibov, was robbed in Phuket, a popular tourist island in Thailand. It happened during his visit to a friend on Friday, November 8. The victim transferred USDT stablecoins worth more than 8.56 million baht (about $249 thousand) to the criminals.
Wall Street is preparing a Tether USDT «killer»
It would seem that recently Tether has enough negativity already. Protos analysts have even calculated that since 2015, Tether has attracted the attention of the US authorities 19 times.
Tether denies allegations of illegal USDT operations
Tether CEO Paolo Ardoino denies that his company is under investigation by US federal agencies. In his posts on the X platform, he commented the Wall Street Journal (WSJ) publication which refers to a possible investigation of Tether’s activities for violating anti-money laundering laws and non-compliance with sanctions.
New Tether records: $120 billion in capitalization, 36 million new users and 10 years on the market
The market capitalization of Tether’s USDT stablecoin has reached a record $120 billion, signaling a potential cryptocurrency the bull rally in October, also called Uptober. This is potentially evidenced by the fact that the price of bitcoin has started to rise, reaching $69,400 on October 21. This is very close to the record of $73,737. I…
Fintech giant Revolut is preparing its own stablecoin
While everyone is sounding the alarm about dubious activities and lack of transparency of the issuer of the top stablecoin UDST — Tetherwhose collapse could bring down its competitors, Revolut suddenly announces its intention to launch its own label.
Will Tether become the new FTX? Crypto market on the verge of disaster
Tether, the issuer of the top stablecoin USDT, has been at the center of numerous scandals and investigations over the years due to its non-transparent operations. The main concern of regulators and investors is the lack of a full independent financial audit of the company. Although Tether writes about transparency on its website and assures…
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