Bitcoin24h $62,761.51-1.43%

Ethereum24h $1,872.95-0.63%

BNB24h $607.05-0.63%

XRP24h $1.00-0.63%

Solana24h $75.49-0.63%

TRON24h $0.3332-0.09%

Hyperliquid24h $56.53-1.85%

Dogecoin24h $0.0695-1.07%

UNUS SED LEO24h $9.24-1.64%

Zcash24h $488.64-1.16%

Tether bought commercial paper from subsidiary of alleged terrorist-linked bank

Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.

Uncovering Ethereum’s close ties to Chinese money

Ethereum has close ties to China and throughout its history has encouraged Chinese developers, miners, and network participants.

Only OSL Exchange and HashKey Pro have been registered by Hong Kong’s Securities and Futures Commission but Huobi and OKX have also applied.

Elliptic says crypto, primarily bitcoin and tether, is a growing payment method for buying fentanyl chemicals from China-based firms.