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THE HASH: Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents

THE HASH: Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents

FromCoinDesk Podcast Network


THE HASH: Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents

FromCoinDesk Podcast Network

ratings:
Length:
25 minutes
Released:
Jun 16, 2023
Format:
Podcast episode

Description

The most valuable crypto stories Friday, June 16, 2023."The Hash" hosts unpack today's top stories: Binance's French unit undergoes investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering". The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. Separately, crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday. Plus, new documents obtained by CoinDesk under a Freedom of Information Law request, offer a rare but limited window into the reserves behind USDT. And, the latest on former President Donald Trump's NFT project.See also:Binance Under Investigation in France for 'Aggravated' Money LaunderingBinance to Quit Netherlands After Failing to Acquire LicenseCrypto Lender Abra Has Been Insolvent for Months, State Regulators SayTether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal DocumentsThis episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 16, 2023
Format:
Podcast episode

Titles in the series (100)

The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.