Residents of Panama City can now pay for public services, such as taxes, tickets, permits, and other government fees, using Bitcoin, Ethereum, and stablecoins like USDT and USDC. This development follows an approval by the Panama City Council, making it the first government institution in the country to accept cryptocurrency payments. With a population of … Read more
South Korea’s Financial Services Commission has blocked at least 15 cryptocurrency exchanges, including KuCoin and MEXC, for operating in the country without permission from the authorities. The apps of the affected exchanges have been pulled down from the Apple Store beginning April 11, following a request from the country’s Financial Intelligence Unit (FIU). The FIU … Read more
Tether has promised to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool focused on decentralization, aimed at strengthening Tether’s commitment to supporting the resilience, transparency, and decentralization of Bitcoin’s foundational infrastructure. In a statement on Monday, the largest company in the digital assets industry says it will be leveraging OCEAN’s DATUM Gateway software, … Read more
T3 Financial Crime Unit (T3 FCU) has intercepted and frozen $9,000,000 in fraudulent digital assets linked to the recent Bybit hack, Tether announced in a statement Wednesday, March 26, 2025. T3 FCU was founded in September 2024 through the collaborative efforts of Tether, TRON, and TRM Labs with the aim of tracking illicit digital assets … Read more
The Securities and Exchange Commission (SEC) of Thailand has approved the use of Tether’s USDt and Circle’s USDC as part of the cryptocurrencies that can be traded in the country. The two largest stablecoins, which currently have market capitalizations of $142,987,380,968 and $58,005,676,502, respectively, now join the list of existing digital assets such as BTC, … Read more
President Donald Trump’s signing of an executive order on Thursday establishing a reserve of Bitcoin for the United States is a significant step toward bringing crypto into the mainstream. The signing was expected, given his support for cryptocurrency even during his campaigns. Earlier this month, the president expressed special interest in ETH, BTC, SOL, XRP, … Read more
The Texas Senate on Thursday, March 6, 2025, passed the Bitcoin strategic reserve bill SB-21 in a 25-5 vote. The new move by the State of Texas is coming a day before the much anticipated White House Crypto Summit, which is set to take place in a few hours (slated for March 7). Texas State … Read more
Tether has appointed Simon McWilliams, an expert in alternative asset management, as its new Chief Financial Officer (CFO). According to a statement by the company, Simon McWilliams, who previously held CFO positions at Quantmetrics Capital Management and LetterOne in the United Kingdom, will step into the role previously held by Giancarlo Devasini, who has transitioned … Read more
The cryptocurrency market has turned red again, just a day after President Donald Trump promised that his administration would create a U.S. crypto reserve. Immediately after his announcement on Truth Social, the social media app he owns, the prices of digital assets surged across the board. His preferred cryptocurrencies—Bitcoin, Solana, Cardano, Ripple, and Ethereum—all went green … Read more
Bitcoin (BTC), Solana (SOL), XRP, and Cardano (ADA) saw a surprising spike on Sunday, March 2, 2025, after President Donald Trump tweeted that his administration would establish a U.S. Crypto Strategic Reserve. The announcement came just hours after the Office of Communications stated that the White House would host its first-ever crypto summit, scheduled for … Read more