Issuer
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Markets
CNHC stablecoin issuer detained by Chinese police: Report
The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan…
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Markets
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin – Bitcoin News
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes…
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Markets
Stablecoin issuer Tether accessed US banking system using Signature: Report
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s…
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Markets
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Cryptocurrency firm Tether, which issues the stablecoin USDT (USDT), expects to make a $700 million profit in the first quarter…
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Markets
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged…
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Markets
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The…
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Markets
USDC issuer Circle to increase staff by up to 25% amid layoff season
USD Coin (USDC) issuer Circle plans to increase its workforce by 15-25% in 2023 amid a sea of layoffs across…
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Markets
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD – Bitcoin News
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received…
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Markets
Stablecoin issuer Paxos reportedly probed by New York regulators
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being…
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Markets
USDC issuer Circle terminates SPAC merger with Concord
According to a new press release published on Dec. 5, USD Coin (USDC) issuer Circle announced the mutual termination of its…
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