Tether’s CTO Paolo Ardoino plans to tell the story of Tether (USDT) stablecoin on March 10 at CryptoCompare’s Digital Asset Summit. Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. Bitfinex and Tether CTO Paolo Ardoino is slated to recount “the story of…
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Once again, Tether ridicules and dismisses allegations that it used its USDT stablecoin for manipulating Bitcoin’s price. Once again, Tether has ridiculed and dismissed allegations that it used its USDT stablecoin for manipulating Bitcoin’s (BTC) price. In a statement sent to Cointelegraph on Feb. 28, iFinex, the firm behind Tether, states that the claims in…
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The blockchain industry grows every year, but is the industry ready to accept new players and how could it possibly change the space? Who knows what’s responsible for the current bull run? It could be the upcoming halving, it could be the Chicago Mercantile Exchange’s debut of institutional-grade crypto-backed options, or it could even be…
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CFTC’s Technology Advisory Committee has held a public meeting and invited three stablecoins to showcase and discuss the outlook of stablecoins and cryptocurrency. American financial regulators have sat down with major stablecoin projects in an effort to better understand the industry. The Commodity Futures Trading Commission’s Technology Advisory Committee held a public meeting on Feb.…
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Crypto Prime Broker Tagomi joins Libra Association Facebook-backed Libra stablecoin. Tagomi, a crypto prime broker headquartered in New York, will join the Libra Association, the governing body for the Facebook-led stablecoin. Tagomi was founded by Jennifer Campbell in 2018, a former associate at Union Square Ventures. Tagomi will become the Libra Association’s 22nd member. Members…
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E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project, Libra. E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook’s stablecoin project Libra. Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment…
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Ukrainian cryptocurrency exchange Kuna has launched a hryvnia-pegged stablecoin, UAX for open beta testing. In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the…
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Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB),…
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Millions of Coinbase Commerce merchants can accept stablecoin Dai as payment method. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, has added MakerDAO’s DAI stablecoin as a supported payment method this week. This integration will let merchants around the world accept the USD-pegged stablecoin as payment for goods and services without Coinbase…
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Tether is teaming up with Chainalysis to track potential criminal activity on its network, as worldwide regulators push for stronger stablecoin scrutiny. Chainalysis is rolling out a global compliance solution for Tether (USDT), a Feb. 12 press release announced. The stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The…
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