[Tether Treasury Transfers 500 Million USDT to Binance] At 01:28, 500 million USDT were transferred from the Tether Treasury address to Binance. The Tether Treasury is the official address used by Tether to issue and distribute USDT. As of press time, neither Tether nor Binance has commented on the purpose of this transfer.
Bullish CEO Thomas Farley stated that a major IPO or a new financial product could drive tokenized securities into the mainstream market within two years.
KuCoin announced an immediate suspension of all products and services for users in Russia and Belarus, and provided an asset withdrawal process. On Thursday, the Central Bank of Russia approved the National Association of Securities Market Participants (NAUFOR) as a self-regulatory organization for cryptocurrency exchanges and custody institutions; registered entities must join within 90 days.
CFTC Chairman Michael Selig stated at Chainlink's LINK: NYC event that the days of regulation through law enforcement are over.
Peter Schiff called Federal Reserve Chairman Kevin Warsh's anti-inflation rhetoric a bluff.
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Peter Schiff called Federal Reserve Chairman Kevin Warsh's anti-inflation rhetoric bluff and predicted that the Fed would conduct QE and cut interest rates next year.
