Sentences with phrase «asset company tether»
On Tuesday, it was reported that the CFTC issued subpoenas to cryptocurrency exchange Bitfinex and digital asset company Tether.
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The company has assured users that all Tether tokens «remain fully backed by assets in the Tether reserve.»
Tether currencies are claimed to be 100 % backed by actual fiat currency assets in the company's reserve account.
Finally, the company reassured customers that the hack would have no impact on Tether validity and that the reserved remained «fully backed by assets in the Tether reserve.»