Cas Piancey and Bennett Tomlin discuss the impact of the President's Working Group Report on Stablecoins and the outsized influence Tether appeared to have.
Category: Tether/Bitfinex
Rumination on the President’s Working Group Report on Stablecoins and Tether
I consider the implications of the President's Working Group Report on Stablecoins and how predictable many of the recommendations were.
Episode 32 — Tracking Tether and Working on Ethereum Layer 2 (with Daniel Goldman) — Crypto Critics’ Corner
Bennett Tomlin and Cas Piancey are joined by Daniel Goldman to discuss Arbitrum, Lightning, Layer-2's, and tracking Tether.
What Stablecoins Might Become
(This article was originally published at Coindesk) Identifying the ideal path to regulatory compliance for a stablecoin has been difficult. It seems that United States regulators have taken a much more active interest in this industry, though it is still not entirely clear what they want stablecoins to be and what they will want stablecoins … Continue reading What Stablecoins Might Become
Episode 30 — Taiwan and Tether (with Sam Reynolds) — Crypto Critics’ Corner
Bennett Tomlin and Cas Piancey are joined by Sam Reynolds to discuss the importance of Taiwan to the Tether story
Tether Settles with the CFTC, Bitfinex Settles with the CFTC…again
Bitfinex and Tether both had to settle with the CFTC for deceptive behavior.
Tether’s Change of Heart
I have struggled for years to parse Tether's behavior. It is very difficult to determine which of their inexplicable actions are motivated by incompetence, by negligence, by desperation, or by malice. Were they unbacked because they were taking advantage of their users, because they thought they had no better option, or because they didn't realize … Continue reading Tether’s Change of Heart
Episode 28 — Liberty Reserve: The First Stablecoin — Crypto Critics’ Corner
https://cryptocriticscorner.com/2021/10/04/episode-28-liberty-reserve-the-first-stablecoin/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/Fim-939Cbxg In this episode Cas and I discuss what we call the ‘first stablecoin’ Liberty Reserve. Liberty Reserve was a digital representation of a dollar that was marketed based on its censorship resistance that was frequently used for illicit acts and was shut down thanks to massive cooperation between regulators and law enforcement. … Continue reading Episode 28 — Liberty Reserve: The First Stablecoin — Crypto Critics’ Corner
Tether’s Executives are Deeply Conflicted
Let's start at the top (or more accurately at the figurehead): Jean Louis Van Der Velde, the CEO of both Bitfinex and Tether is also the executive director for a Hong Kong based Venture Capital Firm. (Archive) Giancarlo Devasini, the Chief Financial Officer for both Bitfinex and Tether, is a shareholder and director in BlueBit … Continue reading Tether’s Executives are Deeply Conflicted
Episode 26 — Cryptocurrency Lending is Too Good to Believe — Crypto Critics’ Corner
https://cryptocriticscorner.com/2021/09/13/episode-26-cryptocurrency-lending-is-too-good-to-believe/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/A_Sj_ZrlyLs In this episode Cas and I discuss the problems with cryptocurrency lending companies including BlockFi, Celsius, and Nexo. They are marketed as risk-free while actually you take on significant counterparty risk. AnchorSpotifyAppleGoogleOvercastRSS Feed