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Tether investigation's impact: USDT market dominance falls, investors explore riskier assets like Bitcoin. Historical data: Past Tether issues led to Bitcoin surges of over 200%. Potential regulatory ...
The U.S. federal government is reportedly investigating Tether, issuer of the stablecoin USDT, for potential violations of anti-money laundering and sanctions laws, according to the Wall Street ...
Bitcoin and other crypto experienced wild price swings following reports that Tether was under investigations. The alleged probe, which Tether denies as "unsubstantiated," comes amid escalating Middle ...
With a market cap in excess of $120 billion, tether (USDT) is by far the most widely used stablecoin. Earlier in the session, crypto prices had been on the rise, with bitcoin (BTC) nearing the $ ...
arguably none threatens to shake up the digital-asset industry as much as a potential crackdown on Tether Holdings Ltd. Tether is the issuer of a namesake token known as USDT, designed to be a ...
The Treasury Department's Financial Crimes Enforcement Network did not respond immediately to requests for comment. "The article ... carelessly glosses over Tether’s well-documented and ...
Cryptocurrencies dipped across the board following a report that the US was investigating the issuer of the Tether stablecoin that underpins much of the trading in the digital asset world. The US ...
The federal government is investigating cryptocurrency company Tether for possible violations of sanctions and anti-money-laundering rules, according to people familiar with the matter.
“For the crypto industry and crypto writ large, I do think Tether is too big to fail,” Hilary Allen, a law professor at American University who studies digital assets, said in an interview on ...