The chairman of the Senate Banking Committee sent the issuers of a half-dozen stablecoins letters Wednesday (Nov. 24), demanding they explain how their tokens are...
U.S. Senate Banking Committee chairman Sherrod Brown recently sent a letter to Tether Holdings Limited CEO Jean-Louis van der Velde expressing concerns about stablecoins and...
Stablecoin platform Tether will pay $41 million after the Commodity Futures Trading Commission (CFTC) said the company misled customers and potential buyers for almost three...
Cryptocurrency platform Tether is facing increasing scrutiny from regulators as they try to understand its cash reserves, organizational structure and more, according to a Bloomberg...
In today’s top news, Amazon has denied reports that it would soon be accepting bitcoin payments, and Goldman Sachs and Fiserv have teamed up to...
Decentralized finance is in its early innings and strife has already landed at the door of stablecoin, the purpose-built cryptocurrency that was designed to be...
The U.S. Department of Justice (DOJ) is doing a deep dive into Tether to ascertain whether the bosses behind the stablecoin held back information from...
Tether is not a good thing for the financial system, according to a senior U.S. Federal Reserve official. Eric Rosengren, president of the Federal Reserve...
A regulatory framework is needed for stablecoins like tether, former Commodity Futures Trading Commission Chairman (CFTC) Timothy Massad said in an interview with CNBC. Tether,...