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Financial transparency

Howard Lutnick, chief executive of Cantor Fitzgerald, a US financial services company, spoke about the reserves of Tether's USDT stablecoin, stating that the cryptocurrency is adequately backed by liquid assets. During an interview with Bloomberg TV, Lutnick confirmed that Tether has enough capital…
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British bank Lloyds freezes 8,000 accounts

The banking group took the measure at the end of 2018 following a change in money laundering laws on the British island of Jersey, which serves as the headquarters of the bank's international division. The AFP said that Lloyds froze the…