In an unprecedented move, Tether [USDT] has defied Office of Foreign Assets Control (OFAC) sanctions. The organization has decided to go against the OFAC on the grounds of the latter not indicating “t...
Tag: Tether
Why Tether Is Not Blacklisting Tornado Cash Accounts Despite U.S. Sanctions?
Tether is reportedly not blacklisting Tornado Cash addresses. Following US sanctions, several crypto entities have taken to proscribing addresses associated with crypto mixer Tornado Cash. These entit...
Despite US Sanctions, Tether Continues To Support Tornado Cash: Report
The world’s largest stablecoin issuer, Tether, may not be complying with the U.S. Treasury Department’s sanctions against crypto transaction privacy mixer Tornado Cash, according to a report today fro...
Tether Refuses To Freeze Sanctioned Tornado Cash Addresses
USD-backed stablecoin issuer Tether (USDT) has released a statement that it would not be freezing all Tornado Cash addresses that the U.S. Treasury has sanctioned. Tornado Cash Sanctions On Wednesd...
Tether says it’s not freezing Tornado Cash addresses until government tells it to
Tether is upholding its decision not to freeze sanctioned wallet addresses with ties to Tornado Cash because it has not received any requests from US law enforcement or regulators to do so, the compan...
Tether and Kraken Transparency Audits Aimed at Boosting Further Confidence Into The Crypto Markets ⋆ ZyCrypto
Advertisement     Tether Holdings Limited has released its June 2022 Assurance Consolidated Reserves Report. The debate on the reserves held by Tether has been ongoing...
Stablecoin-Issuer Tether ‘Holds Firm’ on Not Freezing Tornado Cash Addresses – Here’s Why
The issuer of the most widely used stablecoin says it is not freezing addresses linked to sanctioned crypto mixer Tornado Cash. Early this month, the Treasury Department’s Office of Foreign Assets Con...
Tether says it won’t freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
On Wednesday, U.S. dollar stablecoin issuer Tether said that it would not freeze smart contract addresses sanctioned by the United States Office of Foreign Assets (OFAC) Control’s Specially Designated...
Tether Will No Longer Freeze Tornado Cash Addresses
3 hours ago | 2 mins read Editors News The action took effect on August 8, as indicated by the US Department of Treasury. The post stated that no OFAC-banned addresses have been requested to be frozen...
Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses
Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...
Despite U.S. Treasury Blacklisting, Tether Won’t Freeze Tornado Cash Addresses ⋆ ZyCrypto
Advertisement     The U.S Treasury Department sent shockwaves across the cryptoverse earlier this month when it added Ethereum mixer Tornado Cash to the Specially Desi...
Here’s Why Tether Wants More Clarity On Tornado Cash Address Freeze
Stablecoin issuer Tether said it would not freeze secondary market addresses like those of Tornado Cash without clear instructions. The Tether management described USDC’s decision to freeze the addres...
Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDC
Tether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash. That means USDT holders can still technically use the smart ...
Tether Won’t Freeze Tornado Wallets Unless Directly Ordered
Key Takeaways Tether announced today that it will not freeze Tornado Cash addresses unless it is ordered to do so. The stablecoin issuer said that it is working with law enforcement but has not receiv...
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations – Bitcoin News
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the co...
Tether may be in violation of US sanctions on Tornado Cash
Tether, the world’s largest stablecoin by market cap, may be in violation of U.S. Treasury sanctions on Tornado Cash, according to the Washington Post. Tornado Cash falls foul of the U.S. Treasury On ...
Tether (USDT) Slashes Commercial Paper Holdings
USDT Price at the time of writing – $1.00 Tether has increased Cash and Bank Deposit Reserves Commercial papers are unsecured promissory notes As per guarantees, it made recently, top stablecoin backe...
Latest Tether disclosures show $28.9 billion in US Treasury bills
Stablecoin issuer Tether on Friday published results of its latest quarterly assurance opinion, completed by public accounting firm BDO. A quarterly assurance opinion is a method used by stablecoin is...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The...
Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves
In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercia...
Tether Posts 58% Decrease in Commercial Paper Holdings
Tether highlighted that their entire assets were more than their total liabilities. Tether’s commercial paper holdings have decreased by more than 57.5 percent. Tether, the provider of the most popula...
Tether Asset Reserves Figures Record Significant Plunge Compared To 2021
Following the collapse of Terra and its ecosystem, there is a considerable reduction of confidence in stablecoins, especially Tether. Most participants in the crypto space have increased doubts about ...
Independent Tether attestation reveals 58% decrease in commercial paper holdings
An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter’s performance. The reviewer, top accounting fir...
Tether Discloses Asset Reserves Figures After Audit By New Firm
After announcing it joined hands with public accounting firm BDO Italia, Tether had on Friday released details on its reserves. The company that backs the stablecoin said it had reserves amounting to ...
Forged document from the SEC against Tether- The Cryptonomist
In recent days, a forged document was circulated online according to which the SEC accused Tether of selling securities, resulting in a sanction. SEC’s accusation against Tether is fake news However,...
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm, to help handle its assurance and attestation processes. The move comes off as a...
Tether Fires MHA Cayman as Attestation Provider
Tether has switched attestation providers from MHA Cayman to the Italian branch of BDO LLP. Announced Thursday, Aug. 18, 2022, BDO Italia is expected to file an attestation report later this week on t...
Tether Hires New Auditor BDO Italia For Monthly USDT Reserves Report
Leading stablecoin issuer Tether has hired accounting firm BDO Italia to replace Cayman Islands firm MHA Cayman in overseeing its attestation reports for USDT reserves. The USDT issuer said it plans ...
Tether Announces New Deal For Auditing: Good Or Bad For Crypto?
After much discussion about its plans to disclosing information about Tether’s reserves, the team has on Thursday revealed new plans. In a shift in assurance and attestation process, the company...
Tether Announces Hiring of Fifth Largest Accounting Firm For Audits
15 seconds ago | 2 mins read Altcoin News Attestation release schedule will be changed from monthly to quarterly. Tether claims this would be the “next step” toward a full audit of the company. Binder...