Key facts: Since 2023, the United Kingdom recognizes the Bitcoin ecosystem as a financial activity. The court considers that USDT can constitute property, as is the case with other assets. The UK High Court has officially recognised USDT, the stablecoin of Tether Limited, as a form of property. In a court document In the case … Read more
Amidst new accusations about the status of its reserves, new studies demonstrate the popularity that the stablecoin USDT has achieved as an alternative for savings and a gateway to the bitcoin (BTC) market and other cryptocurrencies. As the study conducted by Visa points out, the data collected They show the growing adoption of stablecoins – … Read more
Within the framework of the de-dollarization efforts being undertaken by the group of countries that make up the BRICS alliance (initially made up of Brazil, Russia, India, China and South Africa), the establishment of a joint payment mechanism – which facilitates international trade – will be one of the key issues to be discussed at … Read more
According to the results of a survey conducted by German bank Deutsche Bank, users of Bitcoin (BTC) and other cryptocurrencies are less optimistic than at the beginning of the year regarding the future of the market. There is a pessimistic sentiment about the short-term outlook for bitcoin, while there is little hope for the survival … Read more
Key facts: Soneium is an Ethereum layer 2 network launched by tech giant Sony Group. Sony Bank is reportedly evaluating Japan’s legal conditions for allowing the use of the digital yen. Soneium, Ethereum’s second layer (L2) network, will launch a stablecoin linked to the Japanese yen together with Sony Bankone of the largest online banks … Read more
Tron announced today the creation of a Financial Crimes Unit “T3” that will attempt to combat illicit activity linked to the use of the stablecoin USDT on its network. The anti-crime unit was created together with Tether, the issuing company of the stablecoin USDT, and the company specializing in fraud and financial crime prevention in … Read more
Amid Bitcoin’s (BTC) rally to around $57,000, key stablecoin movements are emerging in the market. Stablecoin reserves on exchanges have increased rapidly since August, as shown by the purple line in the chart below. This is due to increasing balances in tether (USDT), while other niche coins such as USDC and BUSD have seen a … Read more