The newly promoted CEO of Tether is looking to diversify the firm's investments after a banner year where the stablecoin giant is on track to profit $4.5 billion.
A top official has asked members of Congress for new laws to extend the Treasury's crypto reach beyond its existing enforcement and sanctions abilities.
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest developments after OpenAI's board suddenly ousted CEO Sam Altman la...