A press release from the Cayman Islands Monetary Authority (CIMA) states Binance is not registered to operate as a crypto exchange from the British Overseas Territory.“The Cayman Islands Monetary Authority (the “Authority”) wishes to inform the public that Binance, the Binance Group and Binance Holdings Limited are not registered, licensed, regulated or otherwise authorised by … [Read more...] about Cayman Islands joins in global regulatory attacks against Binance, what is happening?
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Tether (USDT) is Fully Backed – Moore Cayman Report
In brief:An independent report from Moore Cayman confirms that USDT is backed by actual fiatThe report cites Tether’s Consolidated Reserves Report of February 28th as being accurateTether’s consolidated assets exceed its consolidated liabilitiesThe team at Tether maintains that USDT has always been fully backedUSDT’s market cap recently exceeded $40 BillionA new independent … [Read more...] about Tether (USDT) is Fully Backed – Moore Cayman Report