Jacobi spot Bitcoin ETF classed as 'environmental investing' by issuer
Jacobi FT Wilshire Bitcoin ETF has been defined as an Article 8 fund by its issuer firm.
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USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.
Trader takes $4m short position on TrueUSD as issuer halts mints and redemptions
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral.
CNHC stablecoin issuer detained by Chinese police: Report
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China.
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
USDC issuer Circle to increase staff by up to 25% amid layoff season
The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger.
Stablecoin issuer Paxos reportedly probed by New York regulators
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year.
USDC issuer Circle terminates SPAC merger with Concord
The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.
Crypto stablecoin issuer Circle adds Apple Pay support
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers.
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay.