Re:U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether
by mschuster91 on Tuesday January 30, 2018 @01:30PM
(#16267644)
> Are you saying that exchanges that accept USDT will get hit hard by this?
Not necessarily but the market shakes from a major exchange going bust can definitely hit other exchanges as well (a classic bank run), and even if there won't be a bank run other exchanges, especially any with ANY ties to ANY US institution or customer (which basically every exchange has!), will be expecting their own "audits"...
Not necessarily but the market shakes from a major exchange going bust can definitely hit other exchanges as well (a classic bank run), and even if there won't be a bank run other exchanges, especially any with ANY ties to ANY US institution or customer (which basically every exchange has!), will be expecting their own "audits"...