Former Tether CIO Richard Heathcote Seeks to Sell Stake

Tether USDT stablecoin

نظرة سريعة

Former Tether Chief Investment Officer Richard Heathcote is reportedly looking to sell a portion of his 1.26% stake in the stablecoin issuer.
The sale could provide a rare glimpse into Tether's private ownership as the company faces regulatory scrutiny in Europe.

ملخص مُنشأ بالذكاء الاصطناعي

حجم الخط

Former Tether Chief Investment Officer Richard Heathcote is reportedly looking to sell a portion of his 1.26% stake in the stablecoin issuer. The sale could provide a rare glimpse into Tether's private ownership as the company faces regulatory scrutiny in Europe.

Read the full article on Cointelegraph

مواضيع ذات صلة

Tether

مواضيعUSDT stablecoin Richard Heathcote crypto IPO Kraken

This article was originally published by Cointelegraph.

أخبار ذات صلة

المزيد حول هذا الموضوعTether

يتطور·2 sa önce

Bitcoin Dips as Strategy Sells $216M in BTC, Futures Driven Rally Unwinds

Bitcoin fell from nearly $64,000 to $62,000 after Strategy disclosed its largest ever sale of 3,588 BTC for $216 million to fund dividends. Sunday's rally was futures-driven, lacking spot buyers, which led to an unwind on Monday.

Cointelegraph

يتطور·4 sa önce

Crypto Weekly: Strategy Sells Bitcoin, Trump's Crypto Windfall, and New Stablecoin Project

Strategy sold 3,588 Bitcoin for $216M to fund dividends. Donald Trump defended his $1.4B crypto earnings while in office. Over 140 companies joined a new US dollar stablecoin project, Open USD (OUSD). Ethereum's Vitalik Buterin outlined priorities for a new 'Lean Ethereum' strawmap.

Cointelegraph

يتطور·8 sa önce

Bernstein Maintains $150,000 Bitcoin Price Forecast Despite Recent Drop

Bernstein analysts are sticking to their $150,000 Bitcoin price target by year-end, despite a nearly 50% retrace from all-time highs. They cite potential regulatory clarity and MicroStrategy's continued net buying as positive tailwinds.

Decrypt

يتطور·8 sa önce

Yield Guild Games Shuts Down Crypto Game Publishing Arm, Pivots to AI Data Economy

Yield Guild Games is closing its crypto game publishing division, YGG Play, by Aug. 1 due to market downturns and industry struggles. The company will cut 35 jobs and pivot to supplying gaming-derived behavioral datasets for AI training, with a treasury of $20.6 million to fund the transition.

Decrypt

يتطور·8 sa önce

Ripple Secures Full MiCA Authorization in EU After Luxembourg License

Ripple has obtained a Crypto Asset Service Provider (CASP) license from Luxembourg's financial regulator, granting it full authorization under the EU's MiCA crypto framework. This allows Ripple to offer regulated crypto-asset services across the EEA, making it one of few digital asset companies fully compliant with MiCA.

Cointelegraph

يتطور·9 sa önce

UNDP Expands Blockchain Payments with Stellar Development Foundation

The UN Development Programme (UNDP) is expanding its use of blockchain-based payments through a new agreement with the Stellar Development Foundation, following successful pilots in five countries. This move signals a broader integration of public blockchain infrastructure into global development programs.

Cointelegraph

المزيد حول هذا الموضوعTether