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Tether hires KPMG for USDT audit, taps PwC as it prepares for US expansion

The unnamed “Big Four” company that Tether selected to audit its $185 billion USDT stablecoin is KPMG, the Financial Times reported Thursday, citing people familiar with the matter. Tether also hired PwC to prepare its internal systems ahead of the audit, marking the most concrete step yet toward a comprehensive financial review of the world’s […]

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White House Crypto Czar David Sacks Moved to Presidential Advisory Committee Post

White House AI and crypto czar David Sacks is changing his title and joining the President’s Council of Science and Technology Advisors as co-chair, he announced Thursday. Sacks, who was named crypto and AI czar by US President Donald Trump before Trump took office last January, oversaw the White House’s early work on crypto initiatives,

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Everyone calls Bitcoin (BTC) pricing resilient, maybe it’s just complacent: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) Bitcoin BTC$70,046.42 Volatility indexes have been trading in a tight range lately, with volatility indexes surprisingly calm despite the Iran war, oil shocks and Fed rate hike expectations weighing on the market. Taurus call this resilience. But if you zoom out and look at other markets,

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Brazil passes law turning seized crypto into public safety war chest

Brazilian President Luiz Inácio Lula da Silva has signed a sweeping series of reforms aimed at dismantling organized crime, and cryptocurrencies are at the center of the strategy. Under Law No. 15.358, enacted on March 25, cryptoassets confiscated from criminal organizations can be routed to Brazil’s public security system. This includes funding for police equipment,

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Top House committee Democrat questions Kraken’s Federal Reserve account

U.S. Rep. Maxine Waters, the ranking Democrat on the House Financial Services Committee, is questioning the limited “master account” obtained by crypto exchange Kraken from the Federal Reserve Bank of Kansas City, which she says raises potential consumer protection concerns and questions about the approval process. Waters, who is likely to return to the committee

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Stragegy STRC (MSTR) Stock Rebounds to Par Value Faster Than Historical Average to Allow More BTC Buying

Stretch (STRC), the perpetual preferred stock issued by Strategy (MSTR), the world’s largest Bitcoin holding company, reclaimed its par value of $100 during Thursday’s trading session, giving the company room to raise funds to add to its stash of the largest cryptocurrency. The recovery took nine trading days after the ex-dividend date of March 13,

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Bitcoin (BTC) Covered Call Strategy Used to Generate Income

GameStop’s (GME) massive bitcoin, worth $420 million BTC$69,153.58 the transfer earlier this year wasn’t an out – but he doesn’t hold the pieces anymore either. In its annual report filed Tuesday, the video game retailer revealed that 4,709 BTC – of its 4,710 coins – had been pledged to crypto exchange giant Coinbase (COIN) as

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OKX says it won’t go public until it is able to generate returns for investors

OKX has no plans to rush into the public markets in the United States, even as the crypto exchange moves deeper into global expansion and token finance. “We will go public when we are confident that we can return value to shareholders,” Haider Rafique, the company’s managing director and chief marketing officer, said in a

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Citi says restrictions on stablecoin rewards could slow Circle’s USDC, not stop it

Wall Street bank Citi says proposed limits on stablecoin rewards in the latest draft of U.S. market structure legislation would be a setback for Circle (CRCL), but not a fundamental threat to the investment case. “We view this development potentially (but not necessarily) as a setback, but not as a thesis killer,” analysts led by

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