As part of this business combination, I have raised more than $750 million, which is the largest initial fundraise in history for a publicly-traded bitcoin treasury company. We are fortunate to have raised this capital from some of the leading institutional investors on Wall Street, along with many of the most well-known crypto investors globally.
We are finally seeing raiset match the legendary ICOs like EOS. 🐂
The risk of stealing from criminals is that you get liquidated, or your parents will
https://t.co/aVL8jh4ZNy
"Lam would send victims alerts about unauthorized attempts to access their crypto accounts, while the others would call the victims posing as representatives from well-known companies like Google and Yahoo and gain access to their accounts, authorities said."
"Authorities say Chetal's father lost his job at Morgan Stanley because of the kidnapping and his son's connection to it."
The US dollar wants to onshore and examine the large stablecoin issues very, very, carefully, including credible audits.
Tether is printing money. Even if Tether had committed criminal and gross negligence with their reserves, there is no reason they cannot set the story straight and pay fines (see: Binance). It sounds irrational for Tether not to have an audit and become a good corporate citizen, even if this means losing some profits.
This would be different if Tether's current existence solely depended on criminal activity, but this is unlikely today, even if it were true in the past.
There are countless examples of history. Large banks like HSBC and Bank of America have their roots in questionable activities.
Tether is printing money. Even if Tether had committed criminal and gross negligence with their reserves, there is no reason they cannot set the story straight and pay fines (see: Binance). It sounds irrational for Tether not to have an audit and become a good corporate citizen, even if this means losing some profits.
This would be different if Tether's current existence solely depended on criminal activity, but this is unlikely today, even if it were true in the past.
There are countless examples of history. Large banks like HSBC and Bank of America have their roots in questionable activities.
EU commission proposes loosening Basel requirements on securitisation of debt.
Securitisation means that investors can buy debt-product and you could invest in these yourself.
The commission argues that, after the Financial Crisis of 2008, the EU rules have been too strict, preventing companies from raising capital and contributing to the laggard EU economy.
However, if the rules are loosened too much, there will be another blow-up. Be sure you are stacked with #Bitcoin. Famously, the Bitcoin genesis block contains text referencing the news article about the financial crisis bailout.
The upcoming potential apocalypse of the US Treasury Markets (and thus stablecoins).
But we should be clear-eyed about what is coming. The United States is not going to absorb greatly increased monetary risk without exercising control over its domestic counterparties. What looks benign at ~$200 billion market size is going to look like a ticking time bomb at $2 trillion and, in the long term, we shouldn’t assume that stablecoin adoption will end there. With M2 (money supply) approaching $24 trillion, it is plausible that stablecoins could far exceed $2 trillion.