Cathie Wood says OUSD unlikely to displace USDT and USDC

Ethena's fee removal for USDe minting may boost institutional adoption but highlights DeFi's shift towards regulatory compliance. The post Ethena enables free minting and redemption of USDe with USDC appeared first on Crypto Briefing.

The post BingX Expands Tradfi Offerings with 1,000,000 USDT Earnings Season Campaign appeared on BitcoinEthereumNews.com. PANAMA CITY, July 9, 2026 –BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a 1,000,000 USDT trading campaign designed to help users participate in one of the year’s most active periods for equity markets, as July earnings season begins with more than 15 major global companies set to report results. Running from July 9 to July 29, 2026, the campaign forms the fourth edition of BingX’s Global Capital Gala series, featuring trading activities designed around the upcoming earnings season. Participants can earn rewards through earnings-stock trading tasks, first-time trades, and trading challenges tied to earnings announcement dates. Eligible users who complete campaign requirements will have the opportunity to share the total reward pool, with additional incentives available throughout the event period. The campaign highlights the continued

The post USDT Delisting Revolut: Impact of EU MiCA Regulation appeared on BitcoinEthereumNews.com. Revolut is cutting off access to USDT for customers across the European Economic Area and Switzerland, with the full delisting scheduled to wrap up by August 31, 2026. The decision, driven by the EU’s sweeping Markets in Crypto-Assets Regulation (MiCA), puts Revolut among a growing list of European crypto platforms quietly stepping away from the world’s largest stablecoin — and raises real questions for the millions of users caught in the middle. Key takeaways Revolut will delist USDT for customers in the EEA and Switzerland, with the process completing by August 31, 2026. The delisting follows a review under the EU’s MiCA framework; Tether chose not to seek MiCA authorization. USDT support continues unchanged on Revolut outside the EEA and Switzerland. The delisting of USDT already began on Revolut’s Revolut X trading platform for EEA customers before this announcement. Switzerland is in

The post Tether (USDT) Delisted by Revolut Across EEA and Switzerland by August 2026 appeared on BitcoinEthereumNews.com. USDT News Revolut is removing Tether (USDT) from its retail crypto offering for customers across the European Economic Area (EEA) and Switzerland, the company confirmed. The digital banking platform said support for the largest dollar-pegged stablecoin will continue for users in other regions, framing the move as a periodic review of its crypto services under the European Union’s Markets in Crypto-Assets Regulation (MiCA). Customers were notified that the token would leave the platform by Aug. 31, 2026. The decision narrows European access to USDT and adds Revolut to a lengthening list of EU-facing platforms retreating from the asset as the bloc’s licensing rules take hold. The retreat reflects a wider realignment in Europe, where trading venues have steadily phased out USDT after Tether declined to seek authorization under MiCA. Tether, issuer of the roughly $184 b

The post Wisconsin Prosecutors Charge Circle Over Refusal to Seize Stolen USDC appeared on BitcoinEthereumNews.com. Circle faces Wisconsin legal pressure over a warrant tied to a stolen USDC recovery case.  Wisconsin prosecutors say crypto scams are straining law enforcement recovery tools.  Singapore police used exchanges and blockchain tools to stop over $2.9M in scam losses. Circle is facing legal pressure in Wisconsin after prosecutors accused the crypto firm of refusing to follow a warrant tied to stolen USDC. The dispute comes as authorities report rising difficulty recovering funds moved through cryptocurrency scams. According to a report, authorities in two states said Circle had not followed court orders aimed at returning stolen assets. The Wisconsin case has drawn attention because prosecutors filed a criminal complaint against the company. The complaint includes one misdemeanor count. Karen Greenway, a former FBI agent and financial crime expert, said such a charge against

The post Alfa-Bank Prepares Digital Depository Infrastructure for Regulated Crypto Services appeared on BitcoinEthereumNews.com. Key Highlights Alfa-Bank develops digital depository infrastructure as foundation for crypto services. Pilot cryptocurrency trading program launched for qualified institutional investors. Testing phase covers Bitcoin, Ether, Solana, Litecoin, USDT, USDC, and Zcash. Mass-market crypto offerings expected following regulatory approval in Russia. Major competitors Sberbank and T-Bank simultaneously develop similar platforms. Russia’s Alfa-Bank has advanced its cryptocurrency ambitions by establishing plans for a comprehensive digital depository system. The institution has simultaneously initiated controlled cryptocurrency trading pilots via its Alfa-Investments brokerage platform. These developments emerge as Russia’s government finalizes comprehensive regulations governing digital asset operations. Digital Depository Framework Forms Foundation of Crypto Strategy

The post Revolut Keeps USDT Outside EEA and Switzerland appeared on BitcoinEthereumNews.com. Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally. The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the stablecoin will continue in other markets, a spokesperson for the company told Cointelegraph. Revolut said the decision followed a review of its crypto services and risk considerations under the European Union’s Markets in Crypto-Assets Regulation (MiCA). “Revolut is discontinuing support for USDT for customers in the EEA following a periodic review of our cryptocurrency offering in light of the evolving EU regulatory framework under MiCA,” the spokesperson said. Revolut’s decision reflects a broader trend across the EU, where crypto platforms have continued to phase out USDT after Tether, the issuer of the $184 billion stablecoin, chose not to seek

The case could redefine stablecoin issuer responsibilities, impacting regulatory frameworks and court authority over digital asset recovery. The post Circle faces criminal complaint in Wisconsin over USDC recovery refusal appeared first on Crypto Briefing.