Tether discontinues Bitcoin stablecoin, citing lack of usage
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year.
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Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers.
US GAO says lack of interagency cooperation needs to be addressed in crypto regulation
In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together.
Multichain stops operations over lack of funds
The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody.
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets.
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Ripple's operations gear up in Europe and Asian markets despite an ongoing lawsuit instituted by the U.S. Securities and Exchange Commission.
Tencent-backed Everledger collapses amid lack of funding: Report
Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor.
Lack of stablecoin regulation could push issuers out of US: Austin Campbell
Lawmakers didn't reach a consensus between political parties on a stablecoin bill, as one witness warned this lack of regulatory clarify could drive certain projects abroad.
Solana faces 'lack of appetite' from US regulators, says Austin Federa
The Solana Foundation's head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions.
Lack of liquidity mitigated damages to BonqDAO exploit: Report
After amassing $120 million in tokens through an infinite minting glitch, hackers reportedly only cashed out around $1 million due to a lack of liquidity on BonqDAO.