Fed Governor Waller: Banks Should Be Allowed to Issue Their Own Stablecoins
US Federal Reserve Governor Christopher Waller highlighted the potential of stablecoins to enhance the global influence of the US dollar.
Tether Launches USDT on Lightning Network
Tether’s recent move aims to directly integrate USDT stablecoin with Bitcoin’s infrastructure.
ESMA Urges Firms to Act Against Non-compliant Stablecoins
The European Securities and Markets Authority (ESMA) has established strict deadlines for crypto companies to take action against stablecoins that do not comply with the new MiCA.
Tether CEO Eyes US Expansion
Tether CEO Paolo Ardoino expressed interest in potentially expanding the company’s presence in the United States, but remains cautious as regulatory changes are still uncertain.
Tether’s General Counsel Retires
Stuart Hoegner, the General Counsel for Tether and Bitfinex, has retired.
Tether Transfers $780 Million in Bitcoin to its Reserves
Stablecoin issuer Tether has completed its largest Bitcoin transaction in the past nine months by transferring nearly $780 million worth of Bitcoin to its corporate reserve.
Hong Kong’s Stablecoins Bill Moves to Legislative Council
The Stablecoins Bill in Hong Kong has taken a step forward in the Legislative Council, showing progress towards establishing a regulatory framework for stablecoins in the area.
