Coinbase's SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal

Coinbase's SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal
Coinbase is about to make its case in a federal courtroom that the U.S. Securities and Exchange Commission (SEC) is wrong about its legal arguments that the crypto exchange has been trading unregistered securities. What the New York judge does next could have serious consequences for the wider industry’s clashes with the regulator.

Big Wall Street CEO Addresses Controversy Around Tether's Stablecoin Assets: 'They Have the Money'

Big Wall Street CEO Addresses Controversy Around Tether's Stablecoin Assets: 'They Have the Money'
Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behemoth: Does Tether have the money it says it does.