This time, U.S. Senator Richard Blumenthal asked Cantor Fitzgerald to explain its relationship with $Tether, amid allegations in a Senate investigative report that $USDT was used by an Iranian shadow banking network.
But it’s important to be clear: this is an investigation and a request for information; it does not mean Cantor Fitzgerald or Tether has been found to have broken the law.
What’s really worth watching is whether the investigation will lead to further regulatory requirements for stablecoin issuers, reserve custodianship, and sanctions compliance.
Do you think this investigation will affect market confidence in $USDT ?
#美参议员调查CantorFitzgerald与Tether关系
But it’s important to be clear: this is an investigation and a request for information; it does not mean Cantor Fitzgerald or Tether has been found to have broken the law.
What’s really worth watching is whether the investigation will lead to further regulatory requirements for stablecoin issuers, reserve custodianship, and sanctions compliance.
Do you think this investigation will affect market confidence in $USDT ?
#美参议员调查CantorFitzgerald与Tether关系