
April 14th, 2025
The US Digital Chamber of Commerce has requested the government to reconsider its 2022 ban on federal employees holding digital assets, while allowing small amount of crypto holding.
Upbit lists the DRIFT token, allowing traders to trade it against KRW, BTC, and USDT, boosting options and visibility for Drift ecosystem.
Leading crypto firms including Paxos, Kraken, Galaxy Digital, and Robinhood announced the formation of the Global Dollar Network to enhance stablecoin adoption globally.
Aptos partners with SK Telecom to integrate Tether’s USDT into T Wallet, enhancing global access to stablecoins and digital finance.
The adoption of crypto assets in Bolivia has significantly increased since the country recently lifted the ban on virtual assets.
At the Plan ₿ Forum, Tether CEO Paolo Ardoino revealed the company’s extensive reserves, including $5.58 billion in Bitcoin, $3.87 billion in gold.
Tether is the most used stablecoin in the crypto ecosystem as users consider it an alternative to fiat.
The approval comes under the Central Bank’s recently established Payment Token Service Regulation framework.
Tether’s USDT has become the most used digital dollar globally, particularly in economically unstable countries like Argentina and Turkey.
By merging CEX and DEX trading in one competition, Bybit seeks to foster adoption in ways previously unimaginable.
Some market analysts think that Tether could also implode like FTX, if not audited duly by third-party agencies. This implosion would likely be tied to its banking partners.
Tether and Sorted Wallet are mostly targeting Africa and Southern Asia markets where there is limited access to traditional banking services.
Despite the landmark ruling affirming that USDT is property, the court could not validate the plaintiff’s claim that Bitkub had actually received the stolen digital assets after they passed through crypto mixers.
Aave’s recent developments and market performance reflect a positive investor sentiment.
In terms of their reserve ratio, Binance has a ratio of 106.84% for its BTC assets, 103.68% for its ETH assets, DOGE for 100.09%, 112.82% for USDT, and 102.67% for its Solana (SOL) assets.