Tether Financial News

Subscribe to enjoy similar stories. India’s government issued policy guidelines last week to boost the financial prudence of loss-making power distribution utilities. The National Electricity Policy (NEP) of 2026 has measures aimed at closing avenues for errant regulators and utilities under state governments to skirt consumer tariff revisions in line with their cost of power supply.

Subscribe to enjoy similar stories.Two months into the West Asia war, a conflict that triggered the world's greatest energy crisis, second- and third-order effects are surfacing everywhere, from falling fertilizer output and shortage of Coke cans to rising condom prices. This is a grim reminder of how deeply economic activity is tethered to crude oil and its derivatives.Beyond its role as a fuel source, crude oil serves as a vital feedstock for manufacturing over 6,000 products.

Subscribe to enjoy similar stories. The US Trade Representative team’s talks in Delhi last week with Indian officials can be seen as part of an effort to find a way to avoid President Donald Trump’s tariffs on Indian exports that mirror the burden faced by US goods entering India. The US and India, once tethered to market debates in a transactional context, now navigate a relationship redefined by supply-chain wars, tech supremacy and containment of China.

Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade, its use in the country's oil trade has not previously been reported. Some Russian oil companies are using bitcoin, ether and stablecoins such as Tether to smooth the conversion of Chinese yuan and Indian rupees to Russian roubles, the sources said, adding that it is a small but growing part of Russia's overall oil trade, which according to the International Energy Agency was worth $192 billion last year. All the sources declined to be identified due to the sensitivity of the matter. Cryptocurrencies have already helped enable countries under U.S. sanctions such as Iran and Venezuela to keep their economies running while avoiding use of the dollar, the preferred currency for transactions in the global oil market.

Subscribe to enjoy similar stories. Giancarlo Devasini, one of the world’s newest billionaires, leads a reclusive life in this Alpine town. He stays in a modest apartment by the lake, strolls the cobbled streets with a black hoodie pulled over his head—and rages about the American rival he believes is trying to kill his business.

Subscribe to enjoy similar stories. In the prologue to ISRO: A Personal History, the book I co-wrote with my husband, R. Aravamudan—one of the first to join India’s fledgling space programme in 1962—he described the excitement and anxiety that preceded the first-ever launch from Sriharikota on 10 August 1979.

Realme 14x 5G is priced at Rs 14,999 and is available via Flipkart. The phone comes in two models — one with 6 GB RAM and other in 8 GB. Both the versions have 128 GB ROM with expandable space of upto 2 TB, 16.94 cm (6.67 inch) HD+ display, 50MP rear camera, 8MP front camera, 6000 mAh Battery, and the Dimensity 6300 Processor. The Realme 14X comes in Crystal Black, Golden Glow, Jewel Red colours. The Realme 14x 5G smartphone comes in a diamond-cut design.

Tethered drones have been deployed in the Maha Kumbh area to provide comprehensive aerial surveillance ahead of next year's event, officials said on Tuesday. The high-tech device capable of capturing high-resolution images, videos, and sensor data leaves no corner of Mahakumbh Nagar unmonitored, they said. Held every 12 years, the Maha Kumbh is scheduled to take place in Prayagraj from January 13 to February 26. The state-of-the-art system is a major step towards safeguarding the devotees, officials said, adding that Senior Superintendent of Police (SSP) Rajesh Dwivedi has appointed an expert team to oversee its operation.

Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick's financial services firm Cantor Fitzgerald is discussing receiving support from Tether to help fund the project, that could potentially reach tens of billions of dollars, the report said, citing people familiar with the matter. Tether and Cantor did not immediately respond to a Reuters request for comment outside business hours.

Vir Das, the award-winning comedian draws spotlight to an Indian taxi driver in the US, with a surprising background—an IIT Bombay graduate with a PhD and who worked as a scientist before being laid off. This highly qualified individual, now driving a cab in America, exemplifies the stark contrast between academic brilliance and the struggles of survival in a foreign land. Vir Das recounted meeting the driver at San Jose airport. Despite his evident discomfort behind the wheel, the driver maintained a polite demeanor, Vir Das said. The conversation soon drifted into Hindi, a language they both found comfort in, offering a brief respite from the alienation of living far from home. During this exchange, the driver shared his story—a tale of layoffs, survival, and the relentless pursuit of financial stability in the U.S. His current role as a cab driver was a far cry from the intellectual rigor of his scientific past, but it was a necessary step to make ends meet. The IIT graduate’s story is a sobering reminder of the unpredictability of life. Having excelled in one of the most prestigious educational institutions in India and pursued advanced research, he now navigated a very different path. His candid admission—missing home every single day—revealed a longing for a simpler life, one unburdened by mortgages, insurance payments, and the endless grind of the American dream. Yet, he stayed, tethered by responsibilities and a complex web of practicalities that often make returning home an impractical choice.

Cheers and sobs of relief broke out in a federal courtroom in Kansas as dozens of people whose life savings had been embezzled by a bank CEO learned federal law enforcement had recovered their money

Tether Holdings Ltd. Tether is the issuer of a namesake token known as USDT, designed to be a digital substitute for the US dollar, with a market capitalization of about $12O billion. It ranks as the third-biggest cryptocurrency by value, and is the most-traded token on a daily basis due to its role as a stand-in for the dollar in markets where traders aren’t able to use traditional currencies for transactions.

LONDON — The U.K. is likely to see stablecoin laws introduced in a matter of «months, not years,» according to crypto firm Circle's top policy executive.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

As the blockchain and decentralized finance world expands, Ethereum stands out as an attractive investment. This guide helps Indian investors navigate the process of buying Ethereum safely and effectively, unlocking the potential of digital assets.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Stablecoin issuers could be looking at lower income as the Federal Reserve (Fed) kicked off its first rate cut cycle since 2020.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Orion AR glasses are an extension of Meta’s work with the Ray-Ban Meta smart glasses, which provided users with a hands-free digital experience without a display. With Orion, Meta has integrated holographic displays and advanced AI, pushing towards a true augmented reality experience.