Crypto Rally Foiled by Report of DOJ Probe of Tether

Crypto Rally Foiled by Report of DOJ Probe of Tether

15
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Cryptocurrency prices have reversed early gains and are broadly lower during U.S. afternoon hours on Friday following a Wall Street Journal report that the U.S. is probing stablecoin issuer Tether for violations of sanctions and anti-money laundering rules.

Stablecoins are a type of cryptocurrency whose value is pegged to another asset, typically the U.S. dollar. With a

Read More https://www.coindesk.com/markets/2024/10/25/crypto-rally-foiled-by-report-of-doj-probe-of-tether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Crypto Rally Foiled by Report of DOJ Probe of Tether" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY