Tag: Stablecoins

Thailand's Regulatory Green Light: Embracing USDT and USDC Stablecoins for a Secure Financial Future
Legal & Taxation

Thailand’s Regulatory Green Light: Embracing USDT and USDC Stablecoins for a Secure Financial Future

The Thailand Securities and Exchange Commission (SEC) has given its approval for Tether’s USDt (USDT) and Circle’s USDC (USDC) stablecoins to be traded on regulated exchanges in the country. This move comes after the SEC finalized regulatory changes in February and sought public feedback before implementing them on March 16. Thailand has been actively working […]

Trump's Crypto Impact: Unveiling the EU's Dominance in the Financial Arena
Legal & Taxation

Trump’s Crypto Impact: Unveiling the EU’s Dominance in the Financial Arena

With the growing interest in cryptocurrencies and the potential for significant financial gains, countries around the world are exploring ways to position themselves as leaders in the crypto space. One such country is the United States, where former President Donald Trump expressed his desire to turn the nation into a crypto haven. However, across the […]

New Title: "Unveiling the Battle: US Lawmakers and White House Join Forces to Challenge IRS Regulations on DeFi Reporting"
DeFi Regulations & Security

Unveiling the Battle: US Lawmakers and White House Join Forces to Challenge IRS Regulations on DeFi Reporting

US lawmakers are preparing a Congressional Review Act (CRA) to challenge the Internal Revenue Service’s (IRS) broker rules that require DeFi participants to report user data to the agency. Republican Senator Ted Cruz is leading efforts to introduce the CRA, according to Fox Business reporter Eleanor Terrett. The initial vote was scheduled for March 5, […]

Congressional Crypto Caucus: Uniting House Lawmakers for Effective Legislative Backing in the World of Cryptocurrency
Regulations & Security

Congressional Crypto Caucus: Uniting House Lawmakers for Effective Legislative Backing in the World of Cryptocurrency

House Majority Whip Tom Emmer and Congressman Ritchie Torres have announced the establishment of the Congressional Crypto Caucus, a bipartisan coalition dedicated to advancing pro-crypto legislation in the House of Representatives. This initiative represents a shift towards more coordinated legislative efforts in the digital asset space as lawmakers strive to establish regulatory clarity for the […]

Tether's Enhanced Transparency: Unveiling a Full Audit with New CFO to Address Lingering Doubts
Regulations & Security

Tether’s Enhanced Transparency: Unveiling a Full Audit with New CFO to Address Lingering Doubts

Tether, the stablecoin issuer, has recently appointed Simon McWilliams as its new Chief Financial Officer (CFO) and has pledged to conduct a “full audit” to reinforce its commitment to transparency. In a statement released on March 3, Tether highlighted McWilliams’ extensive experience in guiding major investment firms through rigorous audits, positioning him as the ideal […]

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