Newsflash: Tether Destroys 500 Million USDT
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ccn.com tells us;
1) Newsflash: Tether Destroys 500 Million USDT
Tether Limited, the issuer of the USD-pegged USDT cryptocurrency, has destroyed 500 million units of the embattled stablecoin. Blockchain data reveals that earlier today, the firm transferred 500 million USDT from the token's treasury address to this address, which the firm's website indicates is the official USDT issuing address.
direct link to the news, https://www.ccn.com/newsflash-tether-destroys-500-million-usdt/
1) Regulations Roundup: Investors Not Protected in China, Albania to Regulate
In recent regulatory news, a court in China's Futian District has ruled that cryptocurrency investments are not protected by law, Albania's government has indicated that it intends to develop a regulatory framework for crypto, and the United States Securities and Exchange Commission has published a memorandum from a recent meeting pertaining to the proposed Vaneck Solidx Bitcoin Trust exchange-traded fund (ETF).
direct link to the news; https://news.bitcoin.com/regulations-roundup-china-albania
source; Samuel Haig
1) South Korean Financial Regulator Says Crypto Funds Violate Capital Markets Act
South Korea's Financial Services Commission (FSC) has issued a statement to warn investors to be cautious while investing in cryptocurrency funds, according to documents published on the official FSC website on Oct. 24.
direct link to information; https://cointelegraph.com/news/south-korean-financial-regulator-says-crypto-funds-violate-capital-markets-act
source; Helen Partz
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