Tag: USDT

Binance’s stablecoin reserves have increased by $3 billion over a two-week period, signaling new capital inflows into the crypto market

By coinspy Key Points: The rise in ERC-20 stablecoin holdings on Binance suggests investors are not exiting but instead positioning for future opportunities. Japan is preparing regulatory reforms that could classify crypto as financial products, introducing a flat 20% tax and opening the door for crypto ETFs. Ripple, in collaboration with SBI VC, plans to […]

Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy

By coinspy Key Points: The U.S. is advancing stablecoin regulation through the GENIUS Act, intensifying global competition in digital finance. Citigroup is actively exploring stablecoin integration and exchange-traded digital asset products. Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy. The U.K. risks losing influence in financial […]

UK Cracks Down: $9.3B Ruble-Backed Crypto Network Linked to Russia Sanctioned

By Samuel Edyme The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars in transactions. According to a statement from the […]