Tether’s US-Only Stablecoin To Become A Reality Shortly
Tether's stablecoin exclusive to the US may materialize sooner than anticipated. Although Tether, the issuer of the dominant stablecoin (USDT), boasts $144 billion in tokens circulated worldwide, it currently does not cater to US customers. Nonetheless, the US-only stablecoin initiative from Tether is
Black Monday Approaching: Jim Cramer Claims Trump Tariffs Leading to Recession
Wall Street is on edge, and Jim Cramer has added fuel to the fire. The CNBC anchor conjured memories of the 1987 Black Monday, linking the chaos to Trump’s “Liberation Day” tariffs. Cramer cautioned that the markets could falter in unprecedented ways unless
$3200 Stimulus Payment: Might Elon Musk Resigning Affect DOGE Transactions?
The “DOGE $3200 Stimulus check” might not even take off as Elon Musk is set to leave his role at the Department of Government Efficiency. The initiative aimed at reducing government waste and redistributing the savings to citizens had intense rhetoric surrounding it,
Africa Crypto Week Summary: DePIN Summit Arrives in Kenya, South Africa Leads in Merchant Cryptocurrency Transactions, Nigeria Implements New Securities Legislation
Africa crypto updates: The DePIN Summit held in July took center stage in Kenya’s crypto landscape, while reports from South Africa highlight its leading position in merchant transactions. Could Nigeria’s recent crypto legislation ignite growth? It’s no surprise that South Africa stands out
US Authorities Take Action Against UAE-Based CLS Global, Imposing a $428,000 Fine for Over 80,000 Wash Trades
Following a sting operation conducted by the Federal Bureau of Investigation (FBI), the US government penalized UAE-based market-making entity CLS Global with a fine of $428,000 on April 2, 2025, for its involvement in a wash trading scheme that artificially inflated the trading
U.S. Court Prevents Singapore’s Genius Group from Increasing BTC Assets
A U.S. court order has placed a temporary restriction on Genius Group, an artificial intelligence firm based in Singapore, preventing it from increasing its Bitcoin reserves. The firm announced on April 3 that a preliminary injunction (PI) and temporary restraining order (TRO) were
Revenge of the EuroPoor? EU Markets Today Respond to Smash US Crypto Coins
Today in the EU Markets, President Donald Trump enacted his “Liberation Day” tariff initiative, creating waves in global markets. This action disrupts alliances and targets not only competitors but also key allies such as the EU, Japan, and South Korea. I anticipated a
Penguin Island Tariff: Has Trump’s Trade Conflict Exceeded Its Limits?
This week, the Trump administration introduced extensive tariffs, targeting a Penguin Island tariff, a region solely occupied by wildlife. These are trying times as Trump's trade conflict extends to this, eh? Formally referred to as the Heard and McDonald Islands, this barren, ice-clad