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Key Crypto News: Crypto.com, Tether, and More

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by A1

2 hours ago


The world of DeFi and cryptocurrencies is evolving rapidly. Stay updated with our weekly digest.

Crypto.com to Delist USDT for EU Users

Crypto.com will discontinue support for Tether USDT for European users starting January 31, 2025, in compliance with the EU's MiCA regulations. USDT purchases will be suspended this month, and users must convert holdings by March 31.

Tether Integrates USDT into Bitcoin Ecosystem

Tether has integrated USDT with Bitcoin's base layer and the Lightning Network using the Taproot Assets protocol. This move allows for fast, low-cost transactions while leveraging Bitcoin's security.

The integration of stablecoins into the Bitcoin network is a significant step forward for the crypto industry.

Lawsuit Against Pump.fun Over Fees and Violations

Memecoin platform Pump.fun faces a class action lawsuit in New York, alleging it generated $500 million in fees from unregistered securities. The lawsuit targets Baton Corporation Ltd and key executives.

Current events in the cryptocurrency industry show rapid development and the need to adapt to new conditions. Stay tuned to our releases to keep up with the latest news.

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