Bitcoin Price Recoils After Bombshell Report DOJ Is Investigating Tether Over Possible Money Laundering Violations

According to a Friday report, the United States Justice Department has launched a criminal investigation into stablecoin issuer Tether. The probe is reportedly meant to determine whether the company violated anti-money laundering rules and sanctions. дальше »

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Tether slams WSJ report alleging US probe as ‘irresponsible reporting’

 Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino’s clarification comes after a Wall Street Journal report claimed that federal prosecutors in Manhattan are allegedly investigating the stablecoin issuer. дальше »

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What happened in crypto this week

It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder donating $10 million in XRP to Kamala Harris’ US election campaign to the Pennsylvania House passing a bipartisan Bitcoin bill. дальше »

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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations

Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.  The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin USDT has been utilized by third parties to fund illicit activities, including drug trafficking, terrorism, and […] дальше »

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Crypto Rally Foiled by Report of DOJ Probe of Tether

Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon. дальше »

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Tether Proposes Bold Plan: Boron-Backed Tokens For Turkey’s Market—Here’s Why

Tether Holdings Ltd. , the issuer behind the world’s largest stablecoin USDT, has proposed an ambitious plan to Turkey’s government. The plan aims to “modernize” the country’s boron market using blockchain technology. дальше »

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Tether proposes boron-backed tokens to revolutionize Turkey’s commodity market

Stablecoin issuer Tether has proposed a new initiative to Turkey: digital tokens backed by boron, a mineral in which the country holds over 70% of the global reserves, Bloomberg News reported on Oct. дальше »

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Tether pitches boron tokens on blockchain to Turkey’s officials: report

Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the company seeks to expand… дальше »

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Crypto stablecoin deposits coming to Kalshi’s markets

Kalshi could enable more crypto-related options like stablecoin deposits amid a surge in volume for prediction markets and the approaching U.S. elections. It’s full steam ahead for Kalshi and its CEO, Tarek Mansour, following a court victory over the Commodity… дальше »

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Visa and PayPal execs push for stablecoin adoption to streamline global payments

Visa and PayPal executives discuss the impact of stablecoin adoption on global payments at DC Fintech Week. The post Visa and PayPal execs push for stablecoin adoption to streamline global payments appeared first on Crypto Briefing. дальше »

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UK will soon introduce laws to regulate stablecoin, says Circle’s head of policy

The UK's stablecoin regulation could enhance financial stability and innovation, positioning the nation as a leader in digital finance. The post UK will soon introduce laws to regulate stablecoin, says Circle’s head of policy appeared first on Crypto Briefing. дальше »

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UK to introduce stablecoin legislation within months

The UK is expected to introduce laws regulating stablecoins within a few months, according to a spokesperson from Circle. Circle, the issuer of the USD Coin (USDC), anticipates these laws will be in place soon, as stated in a CNBC… дальше »

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Tether  pushing dollar supremacy in emerging markets: Ardoino

Tether’s boss reiterated the stablecoin issuer’s interest in providing U.S. dollars to the unbanked billions worldwide and expressed expectations for favorable regulations. Tether (USDT) CEO Paolo Ardoino told DC Fintech Week attendees that the company sees U.S. crypto regulation improving… дальше »

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Stripe to Acquire Stablecoin Platform Bridge in Landmark $1.1 Billion Deal

Payments giant Stripe is in talks to acquire stablecoin platform Bridge in a deal valued at $1.1 billion, marking a significant move in the cryptocurrency industry and the largest acquisition in the sector to date. дальше »

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Stripe acquires stablecoin platform Bridge for $1.1 billion

Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1. 1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is part of Stripe’s plan to enter the stablecoin market. дальше »

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Stripe Boosts Crypto Game With $1.1 Billion Bridge Buyout

Stripe made a groundbreaking move as the online payment processing platform tries to position itself as a key player in the cryptocurrency space. The fintech company has reportedly bought the stablecoin platform Bridge in a landmark acquisition deal, a transaction that sent ripples across the cryptocurrency arena. дальше »

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Here’s why Ripple’s XRP is ripe for a bearish breakdown

Ripple’s token has recovered after bottoming at $0. 5078 on Oct. 3 following the announcement of its new US dollar stablecoin. Ripple (XRP) was trading at $0. 5500, bringing its market capitalization to $31. дальше »

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Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge

Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate. дальше »

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Tether-backed Northern Data explores sale of crypto mining arm to boost AI growth

Northern Data AG is exploring the sale of its Peak Mining unit to refocus on artificial intelligence solutions. Northern Data, a German-listed crypto and artificial intelligence infrastructure company backed by stablecoin issuer Tether, announced on Monday that it is exploring… дальше »

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Stripe reportedly acquires stablecoin platform Bridge in $1.1b deal

Payments giant Stripe has completed the acquisition of stablecoin platform Bridge following a deal valued at over one billion dollars. Without revealing any details, Michael Arrington, co-founder of TechCrunch, confirmed the acquisition via an Oct. 20 X post, noting that… дальше »

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Stripe acquires stablecoin platform Bridge for $1.1 billion

Stripe has closed a $1. 1 billion acquisition of stablecoin firm Bridge. The company reestablished support for crypto payments in April, adding USDC on Ethereum, Solana and Polygon in October 2024. дальше »

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XRP Braces for Billions In Inflows As Ripple CEO Cites Opportunity in $159 Billion Stablecoin Market

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Trump WLFI token a dud, Ripple unveils stablecoin, Bitcoin ETFs recover | Weekly Recap

In today’s edition of the weekly recap: Bitcoin ETFs enjoy a resurgence; Donald Trump’s World Liberty Financial undersells; and Ripple provides updates on a new stablecoin. Bitcoin ETFs recovery BTC breaches $68k Trump launches WLFI Harris addresses crypto, Trump widens… дальше »

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3 signs Bitcoin’s 'parabolic phase' with a $250K target is about to begin

Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead.

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Ecosystem growth fuels Ethena rally, analysts eye 65% upside ahead

Ethena has broken out of a rare bullish pattern on the one-day charts and could see gains of over 65% from the current price. Over the last seven days, Ethena (ENA) — best known for the USDe stablecoin — rose… дальше »

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LATAM crypto update: Colombia’s rise, Mercado Libre’s Meli D’s stablecoin regulations

This week in LATAM’s cryptocurrency landscape, Colombia and Brazil are emerging as leaders with promising growth opportunities. According to the recent Geography of Cryptocurrency Report 2024 by Chainalysis, the region has seen a remarkable 42. дальше »

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The Central Bank of the UAE approves AED Stablecoin’s preliminary license

The Central Bank of the United Arab Emirates (CBUAE) has granted preliminary approval to AED Stablecoin, bringing the project a step closer to becoming the UAE’s first regulated dirham-pegged stablecoin. дальше »

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Mountain Protocol integrates Chainlink’s CCIP for USDM transfers

Mountain Protocol has integrated Chainlink’s cross-chain transfers technology. The cross-chain interoperability protocol, CCIP, will help USDM users transfer yield-bearing stablecoin across Ethereum, Base and other chains. дальше »

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PYUSD market cap falls 40% - Is there still hope for the stablecoin?

PayPal's stablecoin market cap has plummeted by 40% to $618 million since August. Strategic partnerships and yield changes were impacting PYUSD's competitive position in the market. PayPal'sThe post PYUSD market cap falls 40% - Is there still hope for the stablecoin? appeared first on AMBCrypto. дальше »

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USDT Popularity Soars As Tether Adds Over 36 Million Users in Q3 2024

Tether’s USDT, the largest crypto stablecoin, recently celebrated its 10th year in the industry. The company’s growth has been impressive, thanks to its steady user base, holdings that include $97 billion in US government bonds, and its plans to partner with US law enforcement agencies to strengthen its brand. дальше »

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Stripe in talks to acquire stablecoin platform Bridge — report

Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation. дальше »

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Ripple CEO says IPO is not a priority but remains possible amid SEC battle

Ripple CEO discusses future strategies, SEC challenges, and offers insights on Ripple's IPO status and new stablecoin. The post Ripple CEO says IPO is not a priority but remains possible amid SEC battle appeared first on Crypto Briefing. дальше »

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US drives North American crypto dominance despite regional stablecoin decline

North America has once again claimed the top spot as the world’s most significant crypto market thanks to increased institutional activity in the US, according to an Oct. 17 Chainalysis report. дальше »

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PayPal’s PYUSD Stablecoin’s Market Cap Plummets 40% Since August Peak

PayPal's stablecoin, PYUSD, has seen a sharp drop, with its market value shrinking by 40% since August when it topped $1 billion. дальше »

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MiCA: Winners and losers of new EU crypto laws as deadline looms

MiCA will finally give crypto firms in Europe clear rules of the road to follow — but it could potentially threaten the dominance of the world’s biggest stablecoin issuer. December 30 is shaping up to be a big day in… дальше »

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Ripple Partners Announce Support For RLUSD Stablecoin, While XRP Smashes Transaction Records

Ripple has unveiled its first exchange and platform partners for the upcoming RLUSD stablecoin, which is set to launch on both the XRP Ledger and Ethereum. The list of partners includes notable names such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. дальше »

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Stripe reportedly seeking acquisition of stablecoin payment provider Bridge

Stripe is reportedly in talks to acquire stablecoin provider Bridge, five months after announcing it will allow U.S. merchants to accept USDC payments again. Multinational payments firm Stripe is said to be in talks with the Texas-headquartered stablecoin payments hub… дальше »

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Stripe looking to acquire stablecoin payment network Bridge

Stripe's potential acquisition of Bridge could accelerate its influence in the evolving stablecoin market amid increasing regulatory scrutiny. The post Stripe looking to acquire stablecoin payment network Bridge appeared first on Crypto Briefing. дальше »

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Siam Commercial Bank launches Thailand’s first stablecoin cross-border payment system

Siam Commercial Bank has introduced Thailand’s first stablecoin-powered cross-border payment system. Partnering with SCB 10X and Lightnet, the bank will use stablecoins—digital assets pegged to gold or the U. дальше »

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Bitcoin-backed Hermetica secures $1.7m to expand stablecoin USDh

Hermetica, the company behind the Bitcoin-backed stablecoin USDh, has raised $1. 7 million in seed funding.   The funding will support the growth of USDh, a stablecoin designed to be backed by Bitcoin (BTC). дальше »

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How a Crypto 'REIT' Misled Investors With Family Deals and 'Unjustified' Real-Estate Markups

The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told. дальше »

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Ripple CEO Breaks Silence on Ripple USD (RLUSD) Stablecoin Ahead of Launch

Ripple's RLUSD stablecoin nearing its launch, with CEO Brad Garlinghouse aiming to establish it as gold standard for industry дальше »

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Stablecoin usage surged in Q3 as market cap hits $170b: Coinbase

The third quarter of 2024 saw a surge in stablecoin use and adoption, according to Coinbase’s 4th Quarter Guide to Crypto Markets report with Glassnode.  Stablecoins hit an all-time high market capitalization of nearly $170 billion in Q3 2024, according… дальше »

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Ripple Takes Major Step Toward RLUSD Stablecoin Launch By Announcing Key Exchange Partners

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Ripple partners with top exchanges to launch RLUSD stablecoin globally

Ripple has officially unveiled the exchange partners supporting its new Ripple USD (RLUSD) stablecoin, according to an Oct. 15 statement. According to the release, RLUSD will be available globally for institutions and users on major crypto trading platforms, including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. дальше »

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Stripe partners with Paxos to launch stablecoin payments platform

Stripe partners with Paxos to launch a stablecoin payments platform. Paxos’ platform supports PYUSD, USDC, and USDP for instant conversions. The initiative aims to cut costs and expand businesses’ global reach. дальше »

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Why the $172B Stablecoin Market Could Send Crypto Prices Higher

The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu. дальше »

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Securitize taps Zero Hash to enable purchase of BlackRock’s BUIDL via USDC

Securitize, the platform for tokenizing real-world assets, has integrated Zero Hash to allow qualified investors to easily subscribe to BlackRock’s tokenized fund via the USDC stablecoin. In an announcement Securitize said its partnership with the stablecoin infrastructure platform Zero Hash… дальше »

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Bitcoin Eyes Epic Price Breakout This Week, Ripple Mints 4.5 Million RLUSD Stablecoin in 24 Hours, 'Rich Dad Poor Dad' Author Issues 'Fake USD' Warning to Investors: Crypto News Digest by U.Today

Stay informed about the latest developments in the crypto space with U.Today's news digest! дальше »

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Ripple Gains Global Exchange Support for RLUSD Stablecoin Release

Ripple launched RLUSD, its USD-backed stablecoin, partnering with exchanges for global reach. RLUSD targets enterprise-grade use cases, focusing on compliance and liquidity. The post Ripple Gains Global Exchange Support for RLUSD Stablecoin Release appeared first on BeInCrypto. дальше »

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