On October 22, 2026, Senator Richard Blumenthal sent letters demanding business records from Tether CEO Paolo Ardoino and Nxum Group regarding the $6.3 million in payments made to Nxum Group

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Bicameral federal legislature of the United States, made up of the Senate and the House of Representatives, which writes law, controls federal spending and oversees the executive branch. Its two chambers represent states and districts on different terms and hold different constitutional powers.