Canada lags with stablecoin approach, but there’s room to catch up

Canada lags with stablecoin approach, but there’s room to catch up

Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins. The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after…

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Tether buys 9M Bitcoin for Twenty One Capital

Tether buys $459M Bitcoin for Twenty One Capital

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger. Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with…

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Tether adds Chainalysis tokenization platform for compliance, monitoring

Tether adds Chainalysis tokenization platform for compliance, monitoring

Hadron by Tether platform users will now have access to risk detection and real-time transaction monitoring, helping them become compliant with regulators. Tether, the issuer of the world’s largest stablecoin by market cap USDt (USDT), has announced a partnership with Chainalysis that will integrate the company’s compliance and monitoring tools onto Tether’s tokenization platform. The…

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Tether AI platform to support Bitcoin and USDT payments, CEO says

Tether AI platform to support Bitcoin and USDT payments, CEO says

Tether AI’s crypto payment support will be enabled via a newly launched wallet development kit that enables self-custodial wallets for Bitcoin and Tether’s USDt. Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5…

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