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Tether
U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas
Sen. Cynthia Lummis and Rep. French Hill have been notable advocates in Congress for reasonable regulation of crypto.

Tether Aims to Publish Reserve Data in Real-Time in Coming Years: Report
Tether had a $3.3 billion excess in reserves at the end of Q2.

Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.

Tether Freezes 32 Crypto Addresses Linked to Terrorism, Warfare in Israel and Ukraine
The combined value across the frozen wallets equated to $873,118.

Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
The LQTY token has almost doubled in price. Factors cited included growth in activity and an A rating from Bluechip.

Tether Promotes Paolo Ardoino to CEO
Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.
