Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina advises to receive bitcoins in the upcoming asset regularization process. Solana Announces Expansion to Brazil The Solana Foundation, […]
Tether CEO Paolo Ardoino Celebrates USDT’s $91.5B Market Cap: ‘Tether Evolved’
Tether CEO Paolo Ardoino made a retrospective about the company’s growth since its beginnings. In a post in X, Ardoino celebrated the current standing of the company, with its USDT stablecoin reaching a $ 91.5 billion market cap on several blockchains, $ 4 billion in excess reserves, and a portfolio of mining, energy, …
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are focused on making the stablecoin ecosystem safer for all participants and aiding law enforcement actions against bad actors. Tether […]
Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze tether-holding wallets linked to the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List marks a […]
Tether Blacklists Over 30 USDT Wallets
Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted addresses had received $ 161 million from Whitebit, a European exchange with Ukrainian roots. Tether Blacklists Over 30 USDT …