Senator Richard Blumenthal set a deadline of November 3, 2026 for Tether and consulting firm Nxum Group to turn over contracts, payment details, and communications

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.