India’s USDT supply tightens as local stablecoin premium surges past 8.5% amid regulatory crackdown

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India’s USDT premium doubles as regulatory action tightens supply

India’s USDT premium has climbed to more than 8.5%, more than twice its usual level, after enforcement action against crypto remittance firms has disrupted the domestic supply of the stablecoin. According to The Economic Times, Tether’s USDT traded at 102.88…

Jun 29, 11:08 AM

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Ukraine’s ARMA takes $8M in seized USDT under state management

Ukraine's proactive management of seized crypto assets could set a precedent for integrating digital currencies into state financial strategies. The post Ukraine’s ARMA takes $8M in seized USDT under state management appeared first on Crypto Briefing.

Jun 29, 10:53 AM

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Ukraine Takes $8.3M in Seized Crypto Under State Management in a First

Over 8.3 million USDT seized from an alleged hacking ring has been moved to a wallet held by Ukraine's asset-recovery agency, ARMA.

Jun 29, 10:48 AM

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American Express Builds a Stablecoin Team With VP Role Paying Up to $282,000

American Express has created a senior role to lead its stablecoin and blockchain partnerships, signaling that the payments giant is moving from studying digital dollars to building with them. A Newly Created Role Inside Digital Labs American Express is staffing up for a stablecoin push, as the company recently posted a newly created position for […]

Jun 29, 10:30 AM

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Bybit and OKX users raise BTC holdings as USDT balances fall

Bybit and OKX Proof of Reserves show user BTC holdings rose over 10% while USDT balances fell, pointing to a shift in exchange assets.

Jun 29, 10:25 AM

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Bank of Thailand advances 1:1 baht-backed stablecoin plan

Thailand's stablecoin initiative could revolutionize payment systems and attract ESG investments by enhancing transparency in carbon markets. The post Bank of Thailand advances 1:1 baht-backed stablecoin plan appeared first on Crypto Briefing.

Jun 29, 10:10 AM

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Crypto News Today (June 29): BTC Loses $60K Again, EU Goes After MiCA Violators Following Binance Cull and the BIS Makes Stark Stablecoin Warning

In crypto news today (June 26), BTC USD continues its struggle to hold key support at $60,000, currently trading around $60,200. Liquidations slowed considerably from $1Bn late last week to $206M in the past 24-hours, with $150M of that figure coming from long positions. ETF flows closed last week bearishly, with over $444M of Bitcoin.. The post Crypto News Today (June 29): BTC Loses $60K Again, EU Goes After MiCA Violators Following Binance Cull and the BIS Makes Stark Stablecoin Warning appeared first on 99Bitcoins.

Jun 29, 8:28 AM

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Latam Insights: Regulators and Courts Move on Crypto in Brazil and Paraguay as Disaster Relief Hits Venezuela

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil proposes a 24-hour holding period for stablecoin remittances, two illegal bitcoin miners get convicted in Paraguay, and Binance pledges a $3 million donation to earthquake relief efforts in Venezuela. Brazil Proposes Mandatory […]

Jun 29, 5:30 AM