Howard Lutnick wants Tether to get an audit
Lutnick, who's a Tether associate and Trump's nominee for commerce secretary, has said that he believes stablecoins should be audited.
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Lutnick, who's a Tether associate and Trump's nominee for commerce secretary, has said that he believes stablecoins should be audited.
— HTX, Justin Sun
The Justin Sun-advised crypto exchange received $500M USDT from Tether that it distributed to a variety of other addresses.
President Donald Trump has issued an executive order that purports to "promote United States leadership in digital assets."
Cynthia Lummis teased via X that "₿ig things are coming," with the use of the Bitcoin symbol fuelling rumors of a Strategic Bitcoin Reserve.
— Justin Sun, Trump
World Liberty Financial has been diversifying its holdings, acquiring assets including Justin Sun-affiliated TRX and WBTC.
— Justin Sun, Tether
Justin Sun has announced that USDD 2.0 is launching soon, but details about what this new version will entail are sparse.
Reporting suggests that the SEC is considering dropping enforcement cases against cryptocurrency firms following Trump's inauguration.
Tether has announced that it's ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license.
HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.
Archives for Tether's "About Us" page show that Hoegner was still listed as the firm's general counsel as recently as Christmas Eve.