Topic: #stablecoins
-
Farage Investigated Over Crypto Lobbying Tied to Tether Donor
Parliament's standards watchdog is investigating whether Reform leader Nigel Farage improperly lobbied the Bank of England on cryptocurrency policy to benefit his largest donor, billionaire Christopher Harborne, who holds a 12% stake in Tether.
-
UK seizes Russian oil tanker SMYRTOS in shadow fleet crypto crackdown
UK military boarded the sanctioned tanker SMYRTOS on June 14, marking the first direct military interdiction of Russia's shadow fleet. The operation exposed crew payments in USDT stablecoins, raising regulatory pressure on cryptocurrency's role in sanctions evasion.
-
MicroStrategy sells first Bitcoin since 2022; ECB warns on stablecoin dollar dominance
MicroStrategy sold 32 Bitcoin for $2.5 million, its first sale since 2022, to fund preferred stock distributions. Meanwhile, the ECB warned that stablecoins could entrench dollar dominance in tokenized finance.