On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Austin, Texas, 29th May 2024, Chainwire
Kraken has no intentions of removing Tether (USDT) from its platform in Europe despite previous reports of a potential delisting to comply with legal requirements.
In the first quarter of 2024, Tether Holdings reported a record net profit of $4.52 billion.
A new bill focused on stablecoins has been introduced to the US Senate, which S&P Global Ratings believes could prompt banks to enter the stablecoin market.
Tether, the issuer of the USDT stablecoin, has announced that it will freeze addresses associated with sanctioned entities.
Tether and the TON Foundation have formed a partnership, resulting in the launch of $60 million worth of USDT on the Open Network (TON) blockchain.
