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Tether’s Reserve Attestations: Commercial Paper Down, Treasurys Up

The Breakdown

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Crypto Currency Exchanges Shouldn't Be Protected in Bankruptcy

A legislative fix that forces crypto currency exchanges to keep their customers money separate from their own corporate funds is no fix at all. Instead, congress up dating the law to make sure customer assets are not considered part of the bankruptcy estate would be a real fix. If there is time to actually rationally sit down and figure out what the right solve for the problem is, it's likely that the changes made can actually improve things. But if we're basing our legislative thinking on headlines and fears, well then we're more likely to get something that doesn't actually solve the problem at all.

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