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Tether mints USDt stablecoins amid rising Bitcoin prices.
Bitcoin

Tether Mints $3 Billion in USDt Stablecoins Amid Bitcoin Surge

Tether has minted an additional $3 billion in USDt tokens, increasing its supply to over $134 billion. This comes amid surging Bitcoin prices near $100,000, signaling heightened market activity. Di...

Asian Central BanksAsian Central Banks cautious approach amid strong dollar and tariff threats

Asian Central Banks Tread Lightly Amid Dollar Strength and Tariff Threats

Goldman Sachs warns Asian central banks will be cautious with easing policies due to a robust US dollar and looming tariff risks. Interest rate cuts are expected to slow down significantly. Discove...

BGCHoward Lutnick announces resignation and business transfer relating to Tether

Howard Lutnick Resigns Amid Tether Business Transition

Howard Lutnick, nominated by Trump for Secretary of Commerce, plans to resign from positions at Cantor Fitzgerald and shift Tether business to his son. Cantor Fitzgerald discusses a $2B lending ini...

digital assetsPhilippine Central Bank regulations on virtual asset providers

Philippine Central Bank Tightens Virtual Asset Provider Reporting

The Philippine Central Bank (BSP) plans to enhance reporting requirements for Virtual Asset Service Providers (VASPs) by January 1, 2025, aiming to improve data quality and oversight. Feedback from...

Financial CommitteeImage showing South Korea's financial institutions and Virtual Asset Investigation Bureau.

South Korea's Financial Committee Fires Virtual Asset Bureau Chief Amid Workplace Conflict

The South Korean Financial Committee has replaced Moon Jeong-ho, head of the Virtual Asset Investigation Bureau, amid workplace conflict allegations. His successor, Jeon Hong-gyun, is appointed as ...

ECBGraph illustrating ECB rate cuts and economic trends in the Eurozone.

ECB Official Advocates December Rate Cut Amid Economic Concerns

ECB Governing Council member Kazaks suggests lowering interest rates in December due to economic contraction in the Eurozone. Markets are speculating a 50 basis points cut amid rising inflation exp...