Tether’s CEO also spoke remotely at a Washington event, DC Fintech Week, and addressed the senator’s report there, as well, last Tuesday. He criticized how it was released to the media before his company could review it. “I believe it’s important for the public also to hear our side of the story,” he said. “Our […]
The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows — a decline of over 26% as investors pulled money from the digital asset market. Tether’s USDT fell from $78 billion to $65 billion between March and November 2022. For USDC, […]
Europe has done something important. With MiCA, the EU created the world’s first comprehensive regulatory framework for crypto-assets. That is a significant achievement, not only for the digital asset industry, but for Europe’s wider ambition to lead in responsible financial innovation. MiCA’s promise was clear: a harmonised single-market framework for crypto-asset services across the EU, […]