UK Parliamentary Watchdog to Investigate Nigel Farage Over Undisclosed $6.8 Million Gift From Tether Stakeholder
UK watchdog is investigating Nigel Farage for failing to declare a $6.8M gift from a crypto billionaire with a 12% stake in Tether.
Stablecoins
Circle Drops 15% After Analyst Downgrade
Circle stock fell after a downgrade, insider selling, and concerns over margins, competition, and delays in stablecoin regulation.
Stablecoin Surge Fuels Morph’s $150M Accelerator
Stablecoins hit $33T in volume, overtaking Visa and Mastercard as Morph launches a $150M accelerator to scale blockchain payment...
DeFi Faces Risks Under CLARITY Act Rules
The CLARITY Act’s yield ban on stablecoins may hurt DeFi more than expected, shifting value to traditional finance and tightening rules.
Wells Fargo’s WFUSD Filing Signals Crypto Push
Wells Fargo’s WFUSD trademark filing hints at possible crypto payments or a stablecoin as major banks accelerate their push into blockchain...