What does the U.S Congress JEC think about Tether and Co.

The U. S Joint Economic Committee (JEC) held a hearing titled "Demystifying Crypto: Digital Assets and the Role of Government" on 17 November. The agenda? Exploring the "regulatory, policy and economicThe post What does the U.

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Tether (USDT) faces criminal probe in the US, report says

Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The post Tether (USDT) faces criminal probe in the US, report says appeared first on CryptoSlate.

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Dubai Government Department to Accept Bitcoin Payments

Entrepreneurs from around the world will now be able to set up and scale up more easily in Dubai and the United Arab Emirates (UAE), the country’s first English-language newspaper said. Kiklabb announced that customers can pay for services using some of the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

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Bitcoin, Ethereum, and Tether can now be used to pay for trade licenses and visa fees in the UAE

Cryptocurrencies in the UAE could be on their way to public adoption, with the government setting the pace. KIKLABB, a government-owned licensing body has become the first public entity in the Arabic country to accept crypto payments.

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Dubai Government Entity Starts Accepting Bitcoin and ETH

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Dubai Government Licensing Entity Now Accepts Bitcoin for Payments

A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE).

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Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote

The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year.

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2 Reasons Why Burger King Starts Accepting Cryptocurrencies in Venezuela

While Venezuela’s government remains committed to its Petro digital currency project, a leading fast-food restaurant in the country has announced to now start accepting cryptocurrency payments. In a recent twitter announcement, Burger King Venezuela has partnered with Cryptobuyer – payment platform – to enable customers to pay using Ethereum, Litecoin, Dash, BNB, Tether, and Bitcoin. […]

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Dillon Song: BaseFEX Lead Talks Futures, China And Tether

China’s government may have a dim view of decentralization, but cryptocurrency trading continues. Crypto Briefing recently caught up with Dillon Song, Global Operations Manager at BaseFEX, a Beijing-operated crypto derivatives exchange.

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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.

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Tether [USDT] worth $13 million transferred from Tether’s treasury to exchanges

A total of ~$13 million USDT was transferred from Tether’s treasury to Huobi and Kraken exchange. These transactions together are among other massive amounts of USDT that are being moved in the crypto ecosystem.

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Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.

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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight

With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies.

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Bitcoin Magazine’s Week in Review: Under the Microscope

This past week saw a flurry of reports and analyses released by various agencies and companies, speculating on the roles — past and present — of cryptocurrencies and blockchain technologies.

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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin

Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

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Chinese Find Ways to Avoid Crypto Trading Ban with Tether, VPNs

Chinese traders have found ways to circumvent the government's ban on cryptocurrency trading and initial coin offerings (ICOs) by using Tether (USDT) and virtual private networks (VPNs).

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What was Discussed at the G20 Summit about Bitcoin, Tether and IMMO?

Despite high-ranking government officials still speak about cryptocurrencies very cautiously, the fact that crypto-summits take place and officials are following crypto-market developments shows the potential for widespread crypto adoption.

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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

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