🏦Tether Plans To Keep Buying Bitcoin With Profits

GM Defiers!

Tether has said it will allocate part of its operating profits to purchasing Bitcoin, signaling its strategic approach to diversifying reserves. In regulatory news, European finance ministers have unanimously approved the Markets in Crypto Assets (MiCA) regulations, providing guidelines for digital assets. Finally, we look at how a memecoin creator has managed to attract over $7M for a new token.

✍️ In today’s newsletter:

• Tether will invest up to 15% of its profits into Bitcoin
• EU becomes first major jurisdiction to formalize crypto regulations
• Ben.eth rakes in $7M from memecoin presale

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