Tether Ltd.’s Bahamas-based bank, Deltec, said on Friday that the company’s stablecoin is fully backed by reserves, downplaying resurgent fears about the cryptocurrency’s integrity. “Every tether is backed by a reserve and their reserve is […]

Sber, Russia’s largest retail bank, has applied for a license with the country’s central bank to issue its own digital token for corporate clients. The digital asset will be available for the companies banking with […]

Bitcoin (BTC) appeared to stabilize above $31,000 after Thursday’s plunge, the biggest since March.  “A break of $30,000 could have been bad news but it managed to turn things round,” Craig Erlam, senior market analyst […]