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Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behemoth: Does Tether have the

Michael Saylor and Dell engaged in a brief back-and-forth on X on Friday morning.

Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday.

The case relates to the delisting of the BSV token in 2019.

Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.

The crypto exchange complies with anti-money laundering legislation, he said.

The executive's detention sets a "a dangerous new precedent," Teng wrote in a blog post.

The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.

The exchange could return as a FIU-registered firm after paying the fine, the report added.