Re:Tether Withdrawals Top $10B
by logifail on Wednesday May 25, 2022 @02:41AM
(#31501311)
> 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.
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... [1] https://www.coindesk.com/markets/2022/01/26/tethers-new-acco...