CFTC hits Tether with $41m fine for ‘misleading’ stablecoin claims
US regulator says Tether only backed by reserves for six and a half months between 2016 and 2018.
Bitfinex
Blockchain and Bitcoin round-up: 4 April 2017
Hot on the heels of yesterday’s round-up, here’s more bite-sized blockchain and Bitcoin news. Featuring TaaS, Living Room of Satoshi and Bitfinex. TaaS, the “first-ever” tokenised closed-end fund dedicated to blockchain assets, will partner with two cryptocurrency exchanges, Livecoin and Kuna, to offer its tokens for trading starting on 28 April. Investors will be able […]
Testing environment for Bitcoin exchanges
Amidst tightening regulations, the latest hack of the Bitfinex Bitcoin exchange has highlighted ongoing difficulties for the sector. Bourn Collier, associate, and Oliver Yaros, senior associate at Mayer Brown International LLP, explore. A few years ago media reports in Britain drew attention to the unfortunate plight of James Howells, a Welsh IT worker who had […]
