😄 CNBC: Wyoming plans to launch its own dollar-backed stablecoin.
The project is called Wyoming Stablecoin and will be used for crypto payments in the state.
It is expected to be issued in the first quarter of 2025.
According to the publication, more than 30 laws have been passed in Wyoming since 2018 to support the digital assets industry.
#FREEDUROV
🚨 - Despite rumors, CZ is still incarcerated, he just changed prisons.
Indeed, the former CEO of Binance has not been released from prison, he has just been transferred from his prison to the RRM Long Beach halfway house in California.
CZ would still have 38 days of his sentence to serve and will indeed be released on September 29.
Tether Holdings Limited has released its audited report for the second quarter of 2024, achieving record net income of $5.2 billion in the first half of 2024 and net operating income of $1.3 billion in the second quarter.
Tether's holdings of US Treasuries reached $97.6 billion, ranking it 18th among holders of US debt globally.
🇭🇰 Hong Kong police have arrested four people, including a 14-year-old teenager, who used counterfeit bills to defraud cryptocurrency investors — the scammers managed to earn $1,400,000 in total.
The young people posed as well-known crypto investors and offered victims to exchange crypto for cash at a rate below the market rate.