DOJ seized Telegram channels and two wallets while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay.
The post US hit on $24 billion crypto black market sends rival money launderers running for exits appeared first on CryptoSlate.
USDT spreads dollar claims and Treasury funding demand while Tether keeps reserve ownership, portfolio control and gains above face value.
The post Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills...
The USDT issuer will originate and advise on deals while Fasanara manages the $400 million-backed fund, which targets up to $3 billion from outside institutions.
The post Tether is pushing USDT into a cracking $3 trillion Wall Street debt machine as...
US authorities have restrained roughly $52 million in scam-linked crypto in a single day and seized the Telegram channels of Xinbi Guarantee, a Chinese-language illicit marketplace.
Elliptic says its multi-year tracking of Xinbi’s wallets enabled...
Bitrace puts targeted Xinbi-linked holdings above $45 million as the sanctioned marketplace announces a USDD-only plan.
The post How Tether’s $45 million crackdown drove Southeast Asian scam compounds into an ‘unfreezable’ decentralized stablecoin...
The Iranian central bank has reportedly eased currency controls and some restrictions on the repatriation of export revenues.
Continue Reading: Iran’s Cryptocurrency Move Facilitates the Use of USDT and Bitcoin in Cross-Border Trade! Here Are the...
The US Treasury’s Office of Foreign Assets Control (OFAC) has classified Iran’s digital asset sector as sanctionable, formalizing years of enforcement against Tehran’s sanctions evasion using Bitcoin (BTC) and the stablecoin Tether...
Stablecoins are undoubtedly the next frontier of finance. They unlock unprecedented cost efficiency and speed not found in traditional settlement systems, whether in fiat or card-based transactions. That’s not even mentioning the transparency,...
