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Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says
"With experimentation ... we need to allow room for there to be failure as well because that obviou…
Carla Mozée
This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem
For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…
Matthew Fox
A collapse of Tether could be crypto's 'Lehman Brothers moment' as the world's top stablecoin begins to wobble and major tokens plummet, analyst says
"I am optimistic that [Terra's] fall would not be that catastrophic — a collapse of [Tether] …
Matthew Fox
Bitcoin has plummeted 53% from its all-time high as crypto follows broader markets lower amid investors' fears of tighter Fed policy
The "dramatic reversal of Fed liquidity...will collapse the pandemic-era bubble in cryptocurrencies…
Carla Mozée
FTX's liquidity crisis shows that debt is toxic for crypto and investors should not lever up highly volatile assets, Tether co-founder says
"Everyone thought that the major exchanges were not susceptible to any kind of serious meltdown. An…
Jennifer Sor
Myanmar's shadow government defies central bank by accepting Tether as official currency
Myanmar’s National Unity Government (NUG) is reportedly looking to raise funds for its ‘revolution’…
Sam Bankman-Fried says Biden's crypto order won't move the needle, but Cameron Winklevoss calls it a watershed. Here are the 8 top reaction quotes from crypto players.
President Joe Biden finally signed a executive order on crypto. Mike Novogratz and Antony Scaramucc…
Adam Morgan McCarthy
FTX CEO Sam Bankman-Fried says the crypto exchange gave cash to all of its Ukrainian users
Since Russia invaded, Ukraine has limited access to currencies and cash withdrawals, making cryptoc…
Phil Rosen
A famous short-seller is suspicious of Tether's backing. So it's offering a $1 million reward for anyone with knowledge of the stablecoin's reserves.
Despite Tether's repeated claims of transparency, disclosures around its holdings have been "opaque…
Shalini Nagarajan
Tether slapped with $41 million fine for 'untrue or misleading statements' on fiat currency backing
The CFTC discovered Tether only held sufficient fiat reserves to back its USDT stablecoin for only …
Isabelle Lee
Bitcoin, Tether, Shiba Inu and Dogecoin were most popular cryptocurrencies on WazirX in 2021
Bitcoin was the most popularly traded cryptocurrency on WazirX in 2021, followed by Tether, Shiba I…
Tether executives are facing a criminal probe over whether they committed bank fraud, report says
Federal prosecutors are looking into whether Tether concealed from banks that transactions were lin…
Emily Graffeo
The Senate Banking Committee wants answers from stablecoin issuers on how their business works
Complex terms and conditions can make it difficult for investors to understand stablecoin risks, sa…
Carla Mozée
India’s top 10 favourite cryptocurrencies in 2022
Just like one can trade on the value of fiat currencies, like the dollar or the rupee, a…
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
Crypto mega-billionaire Sam Bankman-Fried says he's bought billions of tethers in order to trade other coins
As scrutiny of tether has escalated, with the DOJ pursuing a bank fraud probe against tether execs …
Ethan Wu
Crypto-friendly senator Cynthia Lummis warns stablecoins must be fully cash-backed and regulated
Some stablecoins have generated controversy over whether their cash reserves are safe enough for a …
Ethan Wu
Tether cofounder William Quigley says there's no real reason for the altcoin surge except for hype
"There's no real reason... People are excited about it, and it goes up," William Quigley said of th…
Harry Robertson
Central banks must 'roll up their sleeves' and urgently speed up their work on their own digital currencies before crypto upends the current financial system, the BIS says
The Bank for International Settlements is urging central banks to crank up their efforts in develop…
Camomile Shumba
Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.
Even as tether's legal troubles ramp up, the stablecoin has in some ways already become less releva…