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Paxos Submitted Application For Clearing License With SEC Following Successful Pilot Tests

Paxos – a stablecoin operating entity in the US – has reportedly disclosed its initiative to finalize the application for a formal clearing agency license with the US SEC. Specifically,...

Natalie Wu | May 05, 2021 10:41

PayPal-owned Venmo Rolled Out Cryptocurrency Trading

Payments app Square has reportedly been the talk of the town upon its Bitcoin trading integration into its mobile platform, throughout the crypto bull market of winter 2017. Specifically now, its...

Natalie Wu | May 02, 2021 19:58

Famous Crypto Twins Winklevoss Brothers Secured 6 Stablecoin-related Patents

Tyler and Cameron Winklevoss – the brothers who founded crypto exchange platform Gemini – have reportedly been successful in acquiring 6 patents for stablecoins. Revealed by the Patent...

Shannon Wilson | Feb 04, 2020 16:28

Asset Managing Firm WisdomTree Plans to Release A Regulated US-based Stablecoin

Asset managing firm WisdomTree is reportedly looking to release a US-based stablecoin, with full regulatory approval, as revealed by FNLondon on January 13th. Specifically, WisdomTree is exploring...

Natalie Wu | Jan 15, 2020 11:30

NYAG Issued Legal Paper Demanding Bitfinex to Release Document of Tether Fund Received

Letitia James – The New York State Attorney General (NYAG) – has reportedly demanded the Hong Kong-based crypto exchange Bitfinex to public all documents, regarding the...

Natalie Wu | May 08, 2019 07:19

Facebook Plans to Develop Ecosystem for Its Stablecoin WSJ

Global social media giant, Facebook has reportedly discussed with Visa and Mastercard to seek financial support for its planned stablecoin, WSJ. According to a report from The Wall Street Journal,...

Shannon Wilson | May 08, 2019 04:31

Tether and Bitfinex Colluded To Secretly Cover $850 Million Loss

The New York Attorney General’s office has recently found out that crypto exchange Bitfinex used funds from affiliated stablecoin operator Tether to secretly cover the loss of $850 million dollars...

Natalie Wu | Apr 27, 2019 05:17

Tether Starts Issuing USTD on the TRON Blockchain

Last week, Tether has announced the launch of its USD-pegged stablecoin USTD on the TRON (TRX) Blockchain via a blog post. The launch is an upgrade of USTD from OMNI protocol based. Based on TRON, the...

Natalie Wu | Apr 24, 2019 04:20

Misleading Tether (USDT) Reserves, Markets Shaken

New evidence suggests that despite claiming to have backing for each Tether (USDT) in dollars, the Tether Inc. company may not have the funds. The markets were shaken by this suggestion which USDT...

Natalie Wu | Jan 01, 2019 19:10