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Stablecoin Tether steps up monitoring in bid to combat illicit finance

LONDON: The world's largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on Thursday (May 2). Tether, a cryptocurrency pegged to the US dollar, and blockchain analytics company
British Virgin Islands Hong Kong City Of United Kingdom Paolo Ardoino Wall Street Journal

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Experts, politicians call for scrutiny of Venezuela's use of cryptocurrency

Venezuela's use of digital currencies, expected to increase after the United States ordered a wind-down of oil deals with the sanctioned country by May 31, will require greater scrutiny by regulators and law enforcement, experts said on Monday. Venezuela's state oil company PDVSA plans to increase cryp
United States Kristofer Doucette Leopoldo Lopez Nicolas Maduro Sigal Mandelker Us Treasury Department

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