Tether mints $1 billion in USDT, Cathie Wood’s ARK Invest sells Coinbase shares, and South Korea’s FSC requires crypto disclosures.
Here are some of the top cryptocurrency news stories for July 13, 2023:
Tether mints a fresh batch of $1 billion worth of its USDT stablecoin on the Ethereum blockchain on June 12th.
Cathie Wood’s ARK Invest sold 135,000 shares of Coinbase as the price of the stock hit $90.
South Korea’s Financial Services Commission (FSC) announced a new bill that will require all firms that issue or hold cryptocurrencies like Bitcoin to disclose their holdings.
The European Banking Authority (EBA) has introduced new guidelines for public input, aimed at providing clarity on the requirements of the Markets in Crypto-Assets regulation (MICA) for issuing stablecoins.
Bank of China trials offline payments for digital yuan via SIM cards.
Celsius Network files lawsuit to recover $150M from staking platform StakeHound.
For more cryptocurrency news, be sure to subscribe to our newsletter or follow us on social media.
Key takeaways from the highlighted videos
Tether mints $1 billion in USDT: This is a significant amount of USDT, and it could have a major impact on the cryptocurrency market.
Cathie Wood’s ARK Invest sells Coinbase shares: This is a sign that Wood is not as bullish on Coinbase as she once was.
South Korea’s FSC requires crypto disclosures: This is a positive development for the cryptocurrency industry, as it will help to increase transparency.
The European Banking Authority introduces new guidelines for stablecoins: This is a step towards regulating the stablecoin market, which is a growing concern for regulators.
Bank of China trials offline payments for digital yuan: This is a sign that China is serious about its digital currency, and it could have implications for the global economy.
Celsius Network files lawsuit to recover $150M from staking platform StakeHound: This is a sign of the growing risks associated with cryptocurrency staking.
These are just a few of the top cryptocurrency news stories for July 13, 2023. Be sure to stay up-to-date on the latest news by following us on social media or subscribing to our newsletter.
I hope you found this article helpful. If you have any questions, please leave a comment below.
The editorial staff at Useful Reviews is a team of experienced writers and editors who share a passion for making important and useful reviews. Their backgrounds span from journalism and communications to creative writing, engineering, history, and sociology. With over 80 years of combined experience, each team member contributes unique skills and knowledge to create compelling review and recipes content. The editorial staff is committed to bringing readers the latest useful reviews about everything and anything from around the world. They strive to make a difference by providing accurate and thoughtful reviews of the useful things that matter most.
Discover the newest trend in kitchen gadgets – air fryers! Not only are they convenient, but they’re healthier than traditional deep frying methods. Learn how they work and the advantages of using an air fryer in your cooking routine in this article.
Velma Dinkley, one of the most beloved cartoon characters of all time, is a member of the iconic Scooby-Doo gang and the brains behind the group. In this article, we explore her history, characteristics, relationships, voice actors, merchandise, appearances in other media, reception, legacy, and future.
Echinacea is a popular herb that stimulates the immune system to fight off infections. It also has anti-inflammatory properties and comes in various forms. While it can reduce the risk of upper respiratory tract infections, it’s not a guaranteed cure. Echinacea may also be just as effective as antibiotics in treating certain infections.