Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The move has reignited debate over the role of centralized stablecoin issuers in enforcing crypto compliance. The freeze, while relatively minor compared to other such actions by Tether,…
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Bitcoin exchange-traded funds (ETFs) and other institutional Bitcoin products may be reshaping a core crypto ethos rooted in Satoshi Nakamoto’s original vision. According to onchain data, Bitcoin self-custody has been steadily declining since January 2024 — the same month Bitcoin spot ETFs were approved. After nearly 15 years of growth, the creation of new Bitcoin…
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The United States has launched a formal investigation into Brazil’s digital trade practices, with a spotlight on Pix, the country’s instant payment system that has rapidly displaced private-sector competitors. The probe, announced on Tuesday by US Trade Representative Jamieson Greer, will examine whether Brazil’s digital and trade policies unfairly disadvantage US companies. Greer said the…
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As home prices in Australia continue to outpace incomes, a company is rolling out a Bitcoin-backed mortgage, offering crypto holders a new way to access the property market without selling their assets. On Wednesday, Block Earner launched the country’s first Bitcoin-backed home loan after fighting with regulators in court for over two years. The product…
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While countries like the United States explore crypto as a new campaign fundraising tool, ministers in United Kingdom are sounding the alarm, with one calling for a ban on crypto donations over concerns about traceability and foreign interference. On Tuesday, Pat McFadden, a Cabinet Office minister, said he thought there was a case to be…
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Vanguard, one of the world’s largest investment management firms, is now the biggest institutional shareholder of Strategy (MSTR) — Michael Saylor’s company best known for adopting Bitcoin as its primary treasury reserve asset. According to data from investment research platform Intel, Vanguard has accumulated more than 20 million shares of MSTR, representing about 8% of…
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Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as…
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The French Public Prosecutor’s Office has opened an investigation into X over the alleged use of its algorithm for foreign interference. According to a statement from Magistrate Laure Beccuau on Friday, prosecutors have launched a probe into whether X violated French law by manipulating its algorithms to extract user data fraudulently. The investigation was launched…
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