Tether
Stablecoins Like Tether Could Pose New Risks to Securities Markets, Fitch Warns
“Stablecoin-related turbulence could both affect the CP [commercial paper] market itself and transmit shocks to other market participants,” the ratings agency wrote.
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The U.S. regulator issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin.
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.
Blockstream CIO on Tether, Stablecoins, Liquid Network
Reacting to a report claiming Tether loaned out billions of dollars to Celsius and other crypto firms using bitcoin as collateral, Samson Mow, chief investment officer at bitcoin infrastructure firm Blockstream, discusses the increasing regulatory scrutiny over stablecoins, adding it’s “recycled FUD about Tether.”
What Iceland’s Spectacular Banking Collapse Teaches Us About Tether
Iceland’s surreal banking bubble led to one of the biggest blowups of the 2008 financial crisis. The story holds important lessons – including a possible scenario for Tether’s collapse.
Tether Has Loaned $1B to Celsius Network: Report
The stablecoin issuer has loaned billions of dollars to crypto companies, according to a Bloomberg investigation.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
The US Inches Closer to Stablecoin Rules
The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”
Huobi Appears to Have Suspended Mainland China for New User Registration
The move came after China announced tougher measures on crypto trading.
SEC Hints at Tether Probe in Records Request Denial
The U.S. regulator cited a law enforcement exemption in denying a Freedom of Information Act request about Tether, though this doesn’t necessarily mean any charges will be filed.
