Dec 18, · Tether, Bitfinex and US authorities Legal disputes between Tether, the cryptocurrency exchange Bitfinex, and the US regulators are on the list of . Conversion from Tether to Bitcoin can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Today’s date is set by default. Today’s. Bitcoin In Death Throes? Tether Comes Under Fire Wow. What a past minutes its been for the cryptocurrency market. As Ethereum World News reported, iFinex, the operator of both Bitfinex and Tether Limited (the firm behind USDT), had come under legal pressure from a key U.S. legal entity. For those who missed the memo, here’s a recap: A document unveiled by the New York Attorney General.
Btc tether newsTether (USDT) To Face Do or Die Situation in Messari Report
The retailers who are invested in the fund are the ones who carry all the risk. Bitcoin is highly volatile and has no role in retail investor portfolios. As Economist Nouriel Roubini explained in a lengthy Twitte r rant:.
On Nov. And like a runaway train with no way of stopping, it is fast on its way to issuing 20 billion tether—worth the notional equivalent in US dollars.
The last bit of real news we had was in September when Judge Joel M. Cohen once again ordered Bitfinex and Tether to turn over financials. However, he did not set a deadline. He left that decision to a special referee, according to Coindesk. Court filing. At first glance, it appears to be the same filing from July, repeated twice. Drew Hinks, a lawyer not involved in the case, said the filing is a remittitur —a jurisdictional document that formally ends the life of an appeal by notifying the world that the decision is final.
Does this help the investigation going forward? Update: I am pretty sure that the remittitur was just a procedural thing that signals that the appellate court is done and has kicked the ball back to the original court—i. When you see bitcoin getting pumped like this, what you are seeing is traders cashing out before the bubble bursts. Bitcoin is not a company.
It does not create any actual revenue. Cash coming into the system goes to paying the miners, who sell their newly minted BTC per day and earlier investors lucky enough to sell at the right time. Speaking of Binance, the crypto exchange is suing Forbes and two journalists for a recent report claiming that the exchange had a plan to dodge regulations.
Here is the complaint. The big news of the week is that three congressional democrats are trying to pass a bill that will require stablecoin issuers to comply with the same regulations and rules as banks.
The bill , press release. Stablecoin issues are like wild cat banks. Back in the s banks would issue their own currency, and nobody knew what was backing the currency.
And because these banks were often in remote, hard to get to locations, people often had trouble redeeming their notes for silver or gold or whatever it was that was supposed to be backing them. They are banks printing their own banknotes. It is literally recapitulating 19th century banking. They just don't have pretty critters on the pieces of paper.
It is now the Diem Association. Press release. PayPal is shilling bitcoin on Facebook and Twitter. Lawyers were conned by a con. My blog. Further Information Tether - Bitcoin. Conversion from Tether to Bitcoin. The Markets Insider currency calculator offers a currency conversion from Tether to Bitcoin within seconds.
Vacationers in Krypto can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies. Conversion from Tether to Bitcoin can be done at current rates as well as at historical rates — to do this, select the desired exchange rate date.
Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion Tether - Bitcoin. The results are displayed in a clearly arranged table. In addition to the Tether - Bitcoin rate, the Markets Insider currency calculator also offers other exchange rates for about international currencies.
Tether - Bitcoin Currency Calculator. You have currently selected the base currency Tether and the target currency Bitcoin with an amount of 1 Tether. In the menu, you can select the desired exchange rates of about international currencies from the two lists. Additionally, the currency calculator allows you to calculate historical exchange rates in addition to the current rate.