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Stablecoin War: Paxos Calls Out Tether (USDT) and Circle (USDC) for Issuing Non-Regulated stablecoins

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

Amid the growing demand for regulating the use of stablecoins, Paxos has called out Tether (USDT) and Circle (USDC) for issuing non-regulated stablecoins. Paxos’ General Counsel and Chief Compliance Officer Dan Burstein has lashed out at the two players, in what he claims to be false claims. Recently, Circle claimed that USDC is the “world’s

BTC-USDT-Issuance
Bitcoin News
BTC-USDT-Issuance
Bitcoin News

Why Tether (USDT) hasn’t issued any USDT in 7 weeks?

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT’s non-issuance. The last market issuance of

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT’s non-issuance. The last market issuance of

Bitcoin News
Bitcoin News

Republican Kevin McCarthy Bats For Bitcoin, Calls For Better BTC Regulations to Steer Ahead of China

Kevin McCarthy, the Republican leader from California recently appeared on Squak Box to talk about various governance policies of the Biden government as well as their approach towards the highly popular Bitcoin and cryptocurrencies market. McCarthy called for better regulations to allow the crypto market to flourish in the US. When asked about his opinion

Kevin McCarthy, the Republican leader from California recently appeared on Squak Box to talk about various governance policies of the Biden government as well as their approach towards the highly popular Bitcoin and cryptocurrencies market. McCarthy called for better regulations to allow the crypto market to flourish in the US. When asked about his opinion

Bitcoin News
Bitcoin News

“Less Illicit Activity on Bitcoin Than Traditional Banking System”- Former CIA Director

Michael Morell,  the former acting director of CIA published an independent paper commissioned by Crypto Council for Innovation refuting the long told narrative about bitcoin and crypto use in illicit activities. Morell in his research found that the fear-mongering around crypto propagated by government officials like Treasury Secretary Janet Yellen does not hold any ground

Michael Morell,  the former acting director of CIA published an independent paper commissioned by Crypto Council for Innovation refuting the long told narrative about bitcoin and crypto use in illicit activities. Morell in his research found that the fear-mongering around crypto propagated by government officials like Treasury Secretary Janet Yellen does not hold any ground

SEC
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SEC
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U.S. Treasury Secretary Calls Top Financial Regulators Meeting to Discuss Recent Market Volatility

Janet Yellen, US Treasury Secretary has called for a meeting of top financial regulators to discuss the recent market volatility owing to a massive price surge in GameStop(GME), AMC, and Silver courtesy of social media frenzy especially Reddit. Yellen would reportedly talk to the head of the SEC, CFTC, and the Federal Reserve, as per

Janet Yellen, US Treasury Secretary has called for a meeting of top financial regulators to discuss the recent market volatility owing to a massive price surge in GameStop(GME), AMC, and Silver courtesy of social media frenzy especially Reddit. Yellen would reportedly talk to the head of the SEC, CFTC, and the Federal Reserve, as per

Bitcoin News
Bitcoin News

Max Keiser: Bitcoin (BTC) Has Attained “Escape Velocity from Regulators”, No Fear from Janet Yellen

The latest Bloomberg report from last week suggested that Bitcoin (BTC) has started facing regulatory scrutiny after its massive rally recently. The report arrived soon after the U.S. SEC filed a lawsuit against Ripple on the alleged sale of XRP as unregistered securities. However, crypto analyst Max Keiser notes that there’s nothing to fear here.

The latest Bloomberg report from last week suggested that Bitcoin (BTC) has started facing regulatory scrutiny after its massive rally recently. The report arrived soon after the U.S. SEC filed a lawsuit against Ripple on the alleged sale of XRP as unregistered securities. However, crypto analyst Max Keiser notes that there’s nothing to fear here.