Mad Crypto: Max Boonen, CEO of B2C2, weighs in on Tether news

This post first appeared in Frank Chaparro’s weekly column “Mad Crypto,” which is sent to Genesis subscribers’ inbox every Monday morning.

Last week Mad Crypto explored how crypto traders in Asia don’t give a hoot about recent developments out of Tether, the stable coin associated with Bitfinex, the cryptocurrency exchange that has come under fire by state and federal regulators. Tethers provide a way for high-speed traders to move in and out of their digital asset positions without having to go through the hassle of dealing with actual U.S. dollars, euros, or yen.

Original source

Add comment

Please Sign in to be able to leave comments.