S&P Global Ratings has downgraded Tether’s stability assessment to rock bottom. The rating agency highlights risky reserves, lack of transparency, and growing exposure to volatile assets like Bitcoin. This raises serious questions about the world’s largest stablecoin’s safety.
The Financial Times reports a senior cryptocurrency industry figure warning that decentralized finance faces serious threats. But the author argues this exposure to attack is precisely what makes DeFi more resilient than opaque traditional finance. Every exploit becomes a public lesson that strength
Kraken’s co-CEO Arjun Sethi compares UK crypto warnings to cigarette box labels and says complex rules prevent British users from accessing three-quarters of available crypto products. The Financial Conduct Authority defends its approach as necessary consumer protection.
