Tether engages with US lawmakers on stablecoin regulatory framework, says CEO Paolo Ardoino

Key Takeaways Tether is actively engaging with US lawmakers regarding new stablecoin regulations. Proposed regulations will require Tether to have monthly audits and maintain one-to-one reserves. Share this article Tether is working closely with US lawmakers to help shape upcoming stablecoin regulations, according to FOX Business journalist Eleanor Terret. Tether CEO Paolo Ardoino confirmed the…

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Hedge fund giant Millennium discloses $2.6B Bitcoin ETF and $182M Ethereum ETF holdings

Key Takeaways Millennium Management disclosed $2.6 billion in Bitcoin ETFs and $182.1 million in Ethereum ETFs holdings. Institutional crypto investment is on the rise, with entities like Abu Dhabi’s sovereign fund and Goldman Sachs increasing their Bitcoin ETF holdings. Share this article Millennium Management disclosed holdings of $2.6 billion in Bitcoin ETFs and $182.1 million…

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Argentina’s president unveils $LIBRA token with 82% supply unlocked across connected wallets

Key Takeaways Argentina’s President Javier Milei announced $LIBRA as a digital token to support small businesses and stimulate the economy. The $LIBRA token is linked to KIP Protocol, a web3 framework for AI, with partnerships involving national governance. Share this article Argentine President Javier Milei has introduced a token named $LIBRA, designed to stimulate the…

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Osprey seeks SEC nod for Bitcoin Trust ETF conversion

Key Takeaways Osprey Funds is seeking SEC approval to convert its Bitcoin Trust into an ETF. The conversion would provide enhanced liquidity and fee reductions for investors. Share this article Osprey submitted a draft registration statement to the Securities and Exchange Commission to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund, the company…

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Robinhood expands crypto offerings with Pyth Network token PYTH

Key Takeaways Robinhood has added the Pyth Network (PYTH) and Raydium (RAY) tokens to its platform, expanding its offering within the Solana ecosystem. The inclusion of these tokens provides retail investors access to Solana-based infrastructure projects. Share this article Robinhood added Solana-based token Pyth Network (PYTH) to its crypto trading platform as part of its…

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