Browsing: Tether

Tether, a stablecoin, has blocked digital wallets on the Russian cryptocurrency exchange Garantex, leading to a suspension of operations after the exchange was sanctioned by the EU.

Russian oil companies are increasingly using Tether to facilitate cross-border transactions, circumventing Western sanctions and establishing a more independent payment system.

Tether, the company behind the stablecoin technology, announced Simon McWilliams as its new chief financial officer, signaling a move toward a full financial audit and a continued commitment to transparency.

Cryptocurrency firm Tether plans to move its headquarters to El Salvador, capitalizing on the country’s efforts to become a digital currency trading hub. The CEO and co-founders will also relocate to the Central American nation.

Cryptocurrency firm Tether is relocating its headquarters to El Salvador, aiming to capitalize on the country’s efforts to become a crypto trading hub.