Stablecoins news

Did Bitfinex and Tether Forge Papers to Get Banking Services?

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Did Bitfinex and Tether Forge Papers to Get Banking Services?

The Wall Street Journal has published an article detailing Bitfinex and Tether’s suspected illegal activities throughout the course of 2018. Since its debut in 2014, Tether has been plagued by a number of legal disputes and scandals, including this one. Tether has had legal trouble in the past, including a restriction from doing business in … Read more

U.K. Wants to Regulate Stablecoins as Payment Method

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On Wednesday, U.K. Finance Minister Nadhim Zahawi will declare his support for the long-awaited Financial Services and Markets Bill, allowing stablecoins to be used for payment purposes. After Brexit, the bill will assist the nation in developing a more competitive financial services industry. Members of UK Finance believe that stablecoins and crypto assets have enormous … Read more