Tether Holdings Ltd., the operator of the largest stablecoin, will invest as much as 15% of profits on a regular basis in Bitcoin as part of a strategy to diversify its reserves.
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By: Emily Nicolle
Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub in Paris, making it the latest overseas crypto firm to pick the French capital as its base on the continent.
Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub in Paris, making it the latest overseas crypto firm to pick the French capital as its base on the continent.
Regulators must strive to be more consistent in their oversight of crypto businesses as discrepancies mount between varying approaches to the digital assets industry, the global securities watchdog said.
Failed crypto lender Celsius Network LLC is poised to restart as a new company after Fahrenheit LLC, a group of bidders led by investment firm Arrington Capital, won an auction to oversee its assets.
By: Olga Kharif, Emily Nicolle
Mounting market, legal and regulatory challenges in the US cloud the firm’s future as it seeks an overseas reset.
Crypto exchange Binance Holdings Ltd. said it has received an order from one of Canada’s securities regulators to investigate whether the platform attempted to find a way around local regulations and compliance controls while seeking approvals in the country.
By: Olga Kharif, Emily Nicolle
Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse of algorithmic rival TerraUSD a little over a year ago.
For any trading venue, volume is the coin of the realm. But over at Binance.US, the American exchange that operates under Binance Holdings Ltd.’s branding, that currency was being counterfeited, federal regulators alleged Monday.
For any trading venue, volume is the coin of the realm. But over at Binance.US, the American exchange that operates under Binance Holdings Ltd.’s branding, that currency was being counterfeited, federal regulators alleged Monday.