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Aima Raza

As a practicing lawyer who focuses on issues related to crypto and blockchain, Aima gives our content a unique legal viewpoint. Because she is so good at navigating the constantly changing regulatory environment, our readers always know about the latest regulations and happenings in the crypto world.
375 Articles
U.S. Court Approves Binance's Treasury Bill Investments
NewsCrypto

U.S. Court Approves Binance’s Treasury Bill Investments

A US court agreed on July 19 to Binance's request to put…

By Aima Raza
XRP Network Interaction Hits Four-Month Peak
NewsCrypto

XRP Network Interaction Hits Four-Month Peak

There has been a noticeable increase in network activity on the XRP…

By Aima Raza
Bitcoin's Exchange Withdrawals And Metrics Hint At Gains
NewsCrypto

Bitcoin’s Exchange Withdrawals And Metrics Hint At Gains

Bitcoin continues to remain safe. It is still above the levels of…

By Aima Raza
Cash App UK To Shut Down, Ensuring Fund Safety
NewsCrypto

Cash App UK To Shut Down, Ensuring Fund Safety

Money-transferring app Cash App, developed by Block, will stop working in the…

By Aima Raza
21Shares Unveils Injective ETP On Euronext Exchanges
NewsCrypto

21Shares Unveils Injective ETP On Euronext Exchanges

A prominent asset manager called 21Shares has put out an exchange-traded product…

By Aima Raza
Trump's Bitcoin Backing Spurs Silicon Valley, Notes Mark Cuban
NewsBitcoin News

Trump’s Bitcoin Backing Spurs Silicon Valley, Notes Mark Cuban

Billionaire businessman Mark Cuban said that Bitcoin is a key reason why…

By Aima Raza
TON Teleport BTC Bridges Bitcoin And TON Ecosystem
NewsCrypto

TON Teleport BTC Bridges Bitcoin And TON Ecosystem

TON Teleport BTC is a new infrastructure that was announced by the…

By Aima Raza
Bitcoin Tops $45M In Liquidations Amid Crypto Market Volatility
NewsCrypto

Bitcoin Tops $45M In Liquidations Amid Crypto Market Volatility

CoinGlass data shows that recent volatility in the cryptocurrency market caused a…

By Aima Raza
XRP Scam Hits Filipino Musicians YouTube Channels
NewsCrypto

XRP Scam Hits Filipino Musicians YouTube Channels

Hackers have taken over the YouTube channels of a number of prominent…

By Aima Raza
With the help of a new strategic hire, Tether will be more open about how its stablecoin is used. Philip Gradwell, who used to be the top economist at Chainalysis, was named the new head of economics at Tether on July 15. Gradwell is in charge of figuring out how much USDT Tether is using and telling lawmakers and other important people about it. https://x.com/paoloardoino/status/1812846812429983880 Gradwell worked for six years at Chainalysis, a company that does blockchain analytics. He will now look at USDT statistics on a global level. Since 2017, the daily trade volume for USDT has been in the billions of dollars. Messari statistics shows that $32.23 billion worth of stablecoin has been traded in the last 24 hours. Enhancing Tether's Regulatory Communication Gradwell said, "Many people still think of digital assets as a mystery. This is partly because the industry focuses on technology rather than real-world applications." "We need to change the subject to how digital assets are used in the real economy and how USDT supports dollar hegemony," he says. Gradwell will have to work with officials, especially in the US, as a significant component of his job. Tether's interactions with government agencies have been a mix of working together and being closely watched. The New York Attorney General said that Tether lied about how much cash collateral was behind its tokens. In February 2021, Tether and its partner Bitfinex paid $18.5 million to settle the case. As part of the settlement, Tether agreed to report on its assets every three months for two years and was not allowed to do business in New York. Recently, Tether took steps to improve its relationship with the government. For example, it added the US Federal Bureau of Investigation to its platform. Tether helped the US Department of Justice get back about $1.4 million in stolen USDT from a digital wallet that wasn't stored. Tether says that Gradwell will be very important in "improving communication with regulatory bodies and stakeholders." Tether Appoints Former Chainalysis Economist To Key Role
NewsCrypto

Tether Appoints Former Chainalysis Economist To Key Role

With the help of a new strategic hire, Tether will be more…

By Aima Raza