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China calls for crackdown on Tether stablecoin in illegal forex trading

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China’s Supreme People’s Procuratorate has warned that using Tether as a medium of exchange between local and foreign currency is illegal.

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Coin Market

Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI

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The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far.

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Poland parliament fails again to override presidential veto on crypto bill

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Poland’s parliament has once again failed to overturn President Karol Nawrocki’s veto of the crypto regulation bill.

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Coin Market

Stablecoins behave like FX markets as liquidity splits: Eco CEO

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Stablecoins promise seamless dollar movement, but fragmented liquidity is turning large transfers into complex execution problems, says Eco CEO Ryne Saxe.

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