Cryptocurrency Analysis and News Portal
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill. Source
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USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients. Source
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The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report. Source
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A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CryptoX's request for information about the financial reserves backing the USDT token. Source
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USDT is trading at $0.9955 on several bourses, down 0.6% from its $1 peg. Source
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If the algorithmic-based stablecoin keeps growing this fast, there could be major risks to market stability, analysts and researchers say. Source
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Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions. Original Source
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Meet Tether’s new accounting firm, same as Tether’s old accounting firm.U.K.-based mid-tier firm MHA MacIntyre Hudson, announced Jan. 14 its Cayman Islands office, MHA Cayman, now handles the clients of the Cayman-based Moore Cayman firm, Tether's accountant.As far as Tether's relationship with its accountant is concerned, the change should be
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