Tether gets Coinbase’s seal of approval, will list on pro offering

Tether gets Coinbase’s seal of approval, will list on pro offering

Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues. The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on its professional trading platform.According to a Thursday announcement, Coinbase Pro has enabled USDT deposits ahead of the trading launch scheduled for April 26. The company said that trading will begin if liquidity conditions are met, stressing that Coinbase only supports ERC-20 USDT running on the Ethereum blockchain.“Once sufficient supply of USDT is established on the....


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Tether says it would not freeze sanctioned Tornado Cash addresses unless inst...

"In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects," says Tether. On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control's Specially Designated Nationals and Blocked Persons (SDN) list for cryptocurrency trail-mixer Tornado Cash. In explaining the decision, Tether said: "So far, OFAC has not indicated that a stablecoin issuer is expected to freeze secondary market addresses that are....