Bitcoin Tether And The Financial Beast

One of the longest-running issues within the Bitcoin ecosystem for companies has been banking relationships. Prior to NYDIG and their latest efforts to begin plugging American banks and credit score unions into Bitcoin rails, the one banking choices for companies within the house had been Signature Bank in New York and Silvergate out of California. Major banks have been very combative and at odds with companies within the house for years. Hell, they have been combative and at odds with their very own prospects merely making an attempt to patronize Bitcoin companies, closing accounts or shutting down playing cards for years now at this level. No companies have exemplified the hostile and antagonistic nature of those interactions greater than Bitfinex and Tether. Not simply within the case of banks both, however legacy regulators.



https://bitcoinmagazine.com/enterprise/bitcoin-tether-and-the-financial-beast

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