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Tether does its best to live outside of US regulation. It has no US bank accounts, nor do any directors live in extradictable countries.
by dannyw 5y ago
Tether does its best to live outside of US regulation. It has no US bank accounts, nor do any directors live in extradictable countries.
- baby 5y agoIf they’re holding USDs they are bound to US regulations.
- nl 5y agoWhat is this statement based on? Plenty of sovereign nations (and individuals in those countries) hold reserves of USD and the US has no authority over them.
- baby 5y agoYou’re right. I thought these would apply internationally but it seems like it’s only if one of the party is a US citizen: https://www.jdsupra.com/post/contentViewerEmbed.aspx?fid=f66d4fe6-e3b4-4be0-91f7-a065cfadeee8 https://www.jdsupra.com/post/contentViewerEmbed.aspx?fid=f66... At least for ofac