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The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.

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Indian billionaire Mukesh Ambani’s Jio launches mystery JioCoin on Polygon

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Indian billionaire Mukesh Ambani’s Jio launches mystery JioCoin on Polygon

Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.

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Crypto developer sues US attorney general, wants software deemed legal

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Crypto developer sues US attorney general, wants software deemed legal

Michael Lewellen has asked a Texas federal court to determine that his crypto startup is within the law and to block the Department of Justice from prosecuting him.

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Tether CEO to take ‘cautious’ approach to US expansion, eyes larger profits

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Tether CEO to take ‘cautious’ approach to US expansion, eyes larger profits

“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.

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