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Tether CEO Suggests Circle Director Deceived Congress with ‘Desperate’ Criticism of USDT
Stablecoin issuer Tether has emphasized its commitment to preventing the misuse of stablecoin technology by actively collaborating with law enforcement agencies worldwide. This move comes in response to comments made by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing that addressed the issue of…
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Hamas’ Fundraising: Treasury Official Confirms Crypto’s Minimal Contribution
On February 14, Brian Nelson, the Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, provided crucial testimony to Congress that challenged widely held beliefs regarding the role of cryptocurrency in funding terrorist activities. Nelson’s insights during the House Financial Services Committee hearing shed light on a topic that has raised…