Bitfinex is one of the historically largest Bitcoin exchanges and Tether is by far the largest stablecoin. Each potentially has significant influence over the industry on their own, and their interconnectedness makes this more of a concern. However, since both were founded years ago and many of the events have happened and been in revealed in bits and spurts it can be difficult to understand their place in the cryptocurrency environment. This will hopefully serve as a basic introductory document that will then prompt further research.
An excellent summary of events. Thanks for sharing.
Perhaps the controversy around Tether pushed the proposed Regulation on Markets in Crypto Assets in the EU and the proposed 'Stable' Act in the US. If these two would pass into law, do you see any implications on USDT and Tether's continuing growth?
An excellent summary of events. Thanks for sharing.
Perhaps the controversy around Tether pushed the proposed Regulation on Markets in Crypto Assets in the EU and the proposed 'Stable' Act in the US. If these two would pass into law, do you see any implications on USDT and Tether's continuing growth?