Kraken considers delisting USDT in Europe due to MiCA rules
Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17.
Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in whi...
Scaramucci says institutional adoption of Bitcoin set to accelerate
SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters.
Scaramucci made the statement during...
Tether holds more US Treasuries than Germany, ranks 19th globally
Quick Take
Tether reported a massive $4.52 billion profit in the first quarter of the year.
Notably, the stablecoin issuer’s consolidated financial figures revealed that as of March 31, it held a st...
Warren expresses support for SEC’s controversial SAB 121 bulletin
Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16.
Warren asserted that the bulletin, which applies to companies that dea...
Bitcoin breaks through $67,000
Quick Take
Bitcoin went above the $67,000 mark, nearly hitting $67,500 — its highest level since April 13.
The remarkable rally has triggered a wave of liquidations within the digital asset ecosyste...