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Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
14hon MSN
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
Tether issues 2 billion USDT, sparking concerns amid U.S. regulatory threats like the GENIUS Act. Will tighter audits impact ...
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
There would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...
A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
14hon MSN
The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17.
GENIUS Act targets Tether's opaque reserves, pushing the $156 billion giant to comply or exit the U.S. market.
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
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