Bitfinex and Tether settled with the Office of the New York Attorney General in the landmark case against Tether. New York authorities claimed that Tether distorted how much Tether (USDT) coins were upheld by fiat security. The settlement requires Bitfinex…
Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
