ETHUSDT - BINANCE
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Industry: Cryptocurrency
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Chad Barraford, technical co-founder of the network, said that the funds were frozen and then unfrozen without explanation.
ESMA is seeking industry feedback on the legal, liquidity and operational risks of tokenized collateral before deciding whether additional EU regulatory measures are necessary.
Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
The rules are set to take effect next week, allowing crypto ETFs to trade exclusively on the Stock Exchange of Thailand.
The letter follows a report by the Democratic investigators last month alleging Tether’s USDT has become a key tool for Iran’s shadow banking network.