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Hong Kong's Securities and Futures Commission (SFC) plans to expand digital-asset exchange licenses by 2024, aiming to establish the city as a digital asset hub. The SFC is also considering a state-backed stablecoin, HKDG, to enhance financial efficiency and inclusivity.

Portfolio Pulse from Murtuza Merchant

October 28, 2024 | 3:00 pm

U.S. federal authorities are investigating Tether for potential sanctions and money-laundering breaches. The probe, led by the Manhattan U.S. Attorney's Office, examines Tether's stablecoin use in illicit activities. Tether denies the allegations, but scrutiny continues, with potential sanctions from the Treasury Department.

Portfolio Pulse from Murtuza Merchant

October 25, 2024 | 7:46 pm

Tether CEO Paolo Ardoino refutes claims of an investigation into Tether, stating that the Wall Street Journal is repeating outdated information.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 6:14 pm

Federal investigators are probing Tether, a major cryptocurrency firm, for potential violations of anti-money-laundering and sanctions rules. The investigation focuses on whether Tether has been used to fund illegal activities or launder money. Tether may face penalties if found to have done business with groups on the U.S. sanctions list.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 5:57 pm

A hacker has reportedly stolen nearly $20 million in cryptocurrencies from U.S. government-linked wallets, including Aave USDC, USD Coin, Tether, and Ethereum. The funds are being laundered through suspicious addresses.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 1:45 am

Donald Trump's World Liberty Financial (WLFI) token sale reached $220 million in the first hour despite website issues. The project, involving Trump's family, aims to raise $300 million and focuses on stablecoins and DeFi activities.

Portfolio Pulse from Khyathi Dalal

October 15, 2024 | 5:56 pm

Playbux CEO Sarun Vichayabhai discusses the future of Web3, highlighting Playbux's 'real intelligence' technology that combines AI with human traits. Playbux, backed by Visa, aims to revolutionize entertainment by making it more interactive and personalized. The platform allows users to earn through gaming and shopping, with plans to expand its ecosystem.

Portfolio Pulse from Anthony Noto

October 01, 2024 | 3:21 pm

Robinhood Markets Inc. has launched crypto transfers for European customers, allowing transactions in over 20 cryptocurrencies including Bitcoin, Ethereum, and Solana. The company offers a 1% deposit match for a limited time and emphasizes security features. This move is part of Robinhood's strategy to expand its cryptocurrency operations.

Portfolio Pulse from Kaustubh Bagalkote

October 01, 2024 | 9:36 am

Robinhood and Revolut are reportedly considering launching their own stablecoins, potentially challenging Tether's dominance in the $170 billion market. This move comes as the EU prepares to implement new crypto regulations, which could impact Tether's operations. Meanwhile, PayPal is expanding its crypto offerings.

Portfolio Pulse from Ivan Crnogatić

September 26, 2024 | 8:11 pm

Tether CEO Paolo Ardoino discussed the launch of a Dirham-pegged stablecoin and a new tokenization platform. He emphasized Tether's proactive compliance with U.S. authorities and expressed concerns about European regulations. Tether aims for growth in the stablecoin market.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 2:39 pm

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