Tag: Report

Tether scales back $20B fundraising bid amid valuation concerns: Report

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Tether, the world’s largest stablecoin issuer, is reconsidering the scale of its planned funding round amid skepticism over its $500 billion valuation, according to a report from the Financial Times. The El Salvador-registered company initially explored raising as much as $20 billion, a move that would have placed it among the world’s most valuable private firms like SpaceX or OpenAI. However, it is now considering a far smaller amount, possibly as little as $5B, following pushback from investors. Tether CEO Paolo Ardoino dismissed the original figure as a misunderstanding, saying…

‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds

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More than six in 10 crypto press releases published between June and November 2025 came from projects flagged as “high risk” or scams, according to a new industry report. Crypto communications company Chainstory said that it analyzed a data set of 2,893 press releases, categorizing issuers by risk and scoring announcements based on tone and substance. The report found that 62.5% of the releases were linked to high-risk activity or scams, with product or feature updates and trading or listing announcements accounting for 74%. High-risk releases included unrealistic yield promises…

AI Tops Family Office Investments as Crypto Lags: JPMorgan Report

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Artificial intelligence has emerged as the dominant investment theme for the world’s largest family offices, while cryptocurrencies continue to attract limited interest, according to a new report from JPMorgan Private Bank. The bank’s 2026 Global Family Office Report polled 333 single-family offices across 30 countries between May and July 2025. It shows that 65% of respondents, or 216 offices, are prioritizing artificial intelligence-related investments either now or in the future. By contrast, just 17% (56 offices) view crypto and digital assets as a key investment theme. Crypto remained largely absent…

NY Prosecutors Raise Alarm over GENIUS Act on Fraud: Report

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Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud. According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for stablecoin issuers to potentially participate in fraud. The letter reportedly pointed a finger at issuers Tether and Circle, claiming that the companies have profited off crimes in stablecoin markets, specifically accusing Tether of only freezing some…

Trump Set to Name Kevin Warsh Next Fed Chair: Report

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US President Donald Trump will reportedly nominate Bitcoin-friendly Kevin Warsh as the next chair of the Federal Reserve when he announces his pick on Friday. Trump said on Thursday that he will be announcing his pick to replace the central bank’s current chair, Jerome Powell, whose term finishes in May, on Friday morning, with Bloomberg reporting that those familiar with the matter say the president is set to announce Warsh as his nomination. Reuters had earlier reported that Trump met with Warsh, who served as a Fed governor from 2006…

Tether supports stablecoin yield ban, distances itself from Coinbase in crypto market structure bill: Report

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Tether has expressed support for a provision in the draft US crypto market structure legislation, including the section that bans yield on stablecoins, which has drawn criticism from crypto community members and prominent figures like Coinbase CEO Brian Armstrong, Brogan Law reported Thursday, citing sources familiar with the matter. Tether’s US arm reportedly met with Senate members following Armstrong’s public critique of the latest version of the bill. Coinbase’s chief withdrew support for the legislation over several key dealbreakers, including the restriction preventing exchanges from providing interest on stablecoins. He…

Fed yet to turn over documents in Powell investigation as rate decision looms: Report

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A criminal investigation into Federal Reserve Chair Jerome Powell is ongoing, and the central bank has not yet produced documents demanded by grand jury subpoenas, CNBC reported Wednesday. The probe remains active, with no clear deadline disclosed for the Fed’s compliance. Powell said on Jan. 11 that the Fed had received grand jury subpoenas connected to his congressional testimony on a renovation project. He, however, accused the Department of Justice of improperly using criminal charges as leverage against the Fed for maintaining independence on interest rate policy. Powell linked the…

Crypto Laundering On Centralized Exchanges Declines: Report

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The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever, according to Chainalysis. Chainalysis said in a report on Tuesday that informal service-based networks offered through Chinese-speaking channels have a wide variety of laundering-as-a-service businesses that use money mules, informal over-the-counter trade desks, and gambling platforms to mix and swap crypto. The networks emerged during the start of the COVID-19 pandemic in early 2020, and now “dominate known crypto money laundering activity.” Centralized crypto exchanges…

UK Bans Coinbase Ads For Trivializing Crypto Risks: Report

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The UK’s advertising watchdog has reportedly banned a series of advertisements from Coinbase, claiming they presented the crypto exchange as a solution to cost-of-living concerns while making light of the risks of investing in crypto. The UK Advertising Standards Authority (ASA) said the ads — which included a satirical musical-style video and three posters — were “irresponsible” and “trivialized the risks of cryptocurrency,” The Guardian reported on Wednesday. “We considered that using humour to reference serious financial concerns, alongside a cue to ‘change,’ risked presenting complex, high-risk financial products as…

Trading 212 sold crypto ETNs without FCA authorization: Report

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Trading 212, one of Europe’s biggest online investment platforms, allowed UK retail customers to trade cryptocurrency-linked exchange-traded notes (ETNs) without having the required permission from the country’s financial regulator, according to the Financial Times. Crypto ETNs returned to the UK retail market in October 2025 after the Financial Conduct Authority (FCA) reversed a ban imposed in 2021. The products, which track the price of digital assets such as Bitcoin (BTC), are structured as debentures and require specific regulatory approval to be sold to everyday investors. Still, Trading 212 offered crypto…