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Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules

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Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to tackling fraud and money laundering.

Coindesk 440 2024-05-06

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

( www.coindesk.com )

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn’t been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) are demanding more.

Coindesk 1.3k 2024-05-04