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Not at all, the whole point of Tether is to create a clean link to the US financial system — a tether to it.
by thehappypm 4y ago
Not at all, the whole point of Tether is to create a clean link to the US financial system — a tether to it.
- logifail 4y ago> the whole point of Tether is to create a clean link to the US financial system If one's business is "providing a clean link to the US financial system", why would one choose to avoid financial services regulation?[0] If one is clean, or at least trying to look clean, why would one choose an accountant based in the Cayman Islands?[1] This bit in particular is beyond parody. [0] https://www.coindesk.com/policy/2021/01/26/what-tether-means-when-it-says-its-regulated/ https://www.coindesk.com/policy/2021/01/26/what-tether-means... [1] https://www.coindesk.com/markets/2022/01/26/tethers-new-accounting-firm-is-the-old-one-with-baggage/ https://www.coindesk.com/markets/2022/01/26/tethers-new-acco...