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coinpedia 2022-05-31 10:10:52

Tether Relied on an Obscure Bank in the Bahamas to Store its Reserves

The post Tether Relied on an Obscure Bank in the Bahamas to Store its Reserves appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe Financial Times recently published a report on Tether’s dependency on an obscure bank in the Bahamas in order to store some of its reserves. Capital Union, a Nassau-headquartered banking institution, was divided into virtual assets research last year, whereas just a month ago the bank picked prominent blockchain sleuth Chain analysis as its compliance …

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