Bank of England opens to stablecoin rule changes; Tether mints $1B USDT

The Bank of England signaled willingness to revise its proposed stablecoin regulations following feedback from industry participants. Separately, Tether minted $1 billion USDT, increasing liquidity in crypto markets. In consumer news, crypto ATM fraud incidents in the U.S. surged 33% to $333 million in total losses.