Tether News Today

Follow our selection of curated Tether news stories, here or in our free Telegram group .

Tether will pay $41 million over 'misleading' claims it was fully backed by US dollars
 

Tether will pay $41 million to settle allegations by the US Commodity Futures Trading Commission that the company made untrue or misleading statements when it claimed its stablecoins were fully backed by fiat currencies.

8 days ago, on 15/10/2021
Biden Administration Seeks to Regulate Stablecoin Issuers as Banks
  

The Biden administration is considering ways to impose bank-like regulation on the cryptocurrency companies that issue stablecoins, according to people familiar with the matter, including prodding the firms to register as banks.

22 days ago, on 01/10/2021
Stablecoins in Spotlight as U.S. Begins to Lay Ground for Rules on Cryptocurrencies
  

Sponsors say stablecoins are safe, but regulators are concerned about potential risks to financial stability.

28 days ago, on 25/09/2021
Evergrande and China’s Looming Risk to Tether

Tether says it doesn’t hold short-term debt from the struggling developer. But that doesn’t mean tether holders aren’t at risk.

36 days ago, on 17/09/2021
Stablecoins are assets - not currencies, says ECB president
  

In a Sept. 1 interview with World Economic Forum founder and executive chair Klaus Schwab, Lagarde said cryptocurrencies "present themselves as currencies," but she still considered them as assets to be regulated and "supervised by asset regulators."

51 days ago, on 02/09/2021
Crypto's Tether Sheds Light, but Not Enough, on Its $63 Billion Reserves
 

The stablecoin has secured itself a critical place in the crypto ecosystem, but its holdings fall short compared with those of prime money-market funds.

70 days ago, on 14/08/2021
Why the Stablecoin Issuers Will Inherit the Earth
 

The crypto world on Tuesday saw what might have been the largest hack and loss of funds of all time. As my colleague Olga Kharif reported, $600 million was stolen from a cross-chain protocol called PolyNetwork.

73 days ago, on 11/08/2021
Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.
  

Regulators are training their sights on tether, the biggest of the dollar-pegged cryptocurrencies known as stablecoins. But even as tether's legal troubles ratchet up, the stablecoin has already seen market share decline.

84 days ago, on 31/07/2021
ellen to Convene U.S. Regulators to Discuss Stablecoins
  

Government increasingly concerned about lack of oversight. Group to develop recommendations to address risks in market.

99 days ago, on 16/07/2021
Fed Chair Powell calls for 'appropriate regulatory framework' of stablecoins
  

Fed Chairman Jerome Powell told Congress this week that he would like to see a corner of digital currencies more tightly regulated.

100 days ago, on 15/07/2021
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