In a landmark decision, the Swiss city of Lugano has officially begun accepting Bitcoin (BTC) and Tether (USDT) for tax payments and other municipal fees. This announcement marks a significant step towards integrating cryptocurrency into the city's financial infrastructure. … [Read more...] about Swiss city embraces cryptocurrency for municipal payments
Tether will invest up to 15% of its profits into bitcoin
Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
USDT, the biggest stablecoin in terms of market capitalization, has flipped top payment processors Visa and Mastercard in terms of settlement volume, according to a recent tweet by Tether. … [Read more...] about Tether has reportedly surpassed Visa and Mastercard in terms of transaction volume in 2022
Tether redefines its collateral wording to ‘cash equivalents and other’
The policy update could be related to the ongoing investigation by the US Department of Justice on alleged price manipulation, launched in November. … [Read more...] about Tether redefines its collateral wording to ‘cash equivalents and other’
Crypto news in brief (December 17, 2018): South Korea, Coinbase and PayPal, Belgium, Tether
- Two South Korean ministries have launched a blockchain project for the container shipping industry - Coinbase has announced that U.S. customers can now instantly withdraw balances to PayPal - Belgium’s FSMA has updated its list of suspicious cryptocurrency-related websites that show signs of fraudulent activities - Bloomberg has reviewed some bank statements of Tether … [Read more...] about Crypto news in brief (December 17, 2018): South Korea, Coinbase and PayPal, Belgium, Tether
Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
LINE, a messaging app, enters cryptocurrency market. Samsung to produce cryptocurrency mining hardware. US financial regulator subpoenas Bitfinex and Tether. South Korea doesn't intend to shut down cryptocurrency trading. … [Read more...] about Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea