Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off – CoinDesk
The settlement appears to remove what might have been a systemic threat to cryptocurrency markets. Tether Deal With New York State Brings Quick Reversal of Crypto-Market Sell-Off Bitcoin (BTC) and other cryptocurrencies recovered partially from their biggest sell-off in a month after the New York state Attorney General’s office announced a settlement of a dispute involving the stablecoin tether (USDT) that had rattled market confidence in recent weeks.
