With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.
It looks unlikely that a digital pound will launch in the U.K. any time soon as an election beckons. The digital shekel challenge, updates on India CBDC progress and other news in this week's roundup
Despite Bitcoin's impressive performance over the past five years, few publicly listed companies have opted to add this cryptocurrency to their balance sheet.
Back in 2021, he had described Bitcoin as a "scam" — telling Fox Business that he didn't like it "because it's another currency competing against the dollar."
All of this will be a moot point for FTX customers, who are still awaiting to be compensated. While much has been made of the fact that they'll be repaid in full, this doesn't tell the whole story.
There's new legislation designed to prevent a digital dollar from intruding on consumer privacy — with a report also revealing how central banks could enhance CBDC adoption.
