The EU's Markets in Crypto Assets (MiCA) framework has licensed 35 tokens but excluded major stablecoin issuers like Tether, restricting EU users' access to top global stablecoins. Circle's EU Strategy head, Patrick Hansen, warns this leaves many users unprotected or cut off from major stablecoins, despite local issuers gaining momentum. The EU has opened a public consultation until September 30 to review MiCA and potentially ease rules for foreign issuers, aiming to make the framework more competitive and globally aligned.
Bitget CEO Gracy Chen stated that the exchange faces slim chances of recovering the entire $388 million stolen in a 2026 security breach, marking it as one of the largest crypto hacks of the year. She referenced Bybit's 2025 hack, where only about 3....
Tether recently minted $494.57 million worth of its gold-backed XAUT tokens, increasing the supply of tokenized gold assets significantly. XAUT tokens are backed one-to-one by physical gold stored in Swiss vaults, ensuring their value is tied directl...
Tether has minted approximately $494.6 million worth of Tether Gold (XAUT), a cryptocurrency token backed by physical gold. This issuance expands the availability of XAUT, which differs from Tether's usual USDT stablecoin by being tied directly to go...
A Senate Democratic report alleges that Tether's USDT stablecoin is central to Iran's shadow banking network, linking it to sanctioned crypto addresses and groups like Hezbollah and Hamas. The report criticizes Tether for slow action on freezing illi...
U.S. Senate Democrats on the Homeland Security and Governmental Affairs Committee accused Tether's USDT stablecoin of facilitating Iran's evasion of international sanctions. They highlighted that Iran's shadow banking network processed about $20 bill...
