Tether Obtains License in El Salvador and Nears Completion of Relocation Process
Tether has successfully obtained its Digital Asset Service Provider (DASP) license in El Salvador. The company is about to complete all procedures to move to El Salvador as a stablecoin issuer. Tether sees El Salvador as a hub that embraces innovation and supports their long-term vision and plans to establish the headquarters of the entire group here.
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$45 Million Fine for Robinhood from SEC
The US Securities and Exchange Commission (SEC) fined Robinhood Securities LLC and Robinhood Financial LLC a total of $45 million for multiple securities law violations. The companies agreed to pay the fine imposed by the SEC.
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FTX/Alameda Transfers 4.44 Million SOL
According to a report by blockchain analytics company Ember, FTX/Alameda transferred 4.44 million SOL (approximately $516.88 million). In the most recent transaction, 182,421 SOL (about $32.35 million) were redeemed from the pledge and distributed to 20 addresses. The average price of the transfers was recorded at $116.2.
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Trump Team Makes Final Preparations for Crypto Council
Donald Trump, who will take office as US president, is making final preparations to form the Crypto Council. Trump, together with David Sacks, who he has chosen as “crypto and artificial intelligence officer”, will appoint 24 CEOs and executives to the council. With Trump in office, the crypto world’s influence on politics could take on a new dimension.
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