The post Tether Relied on an Obscure Bank in the Bahamas to Store its Reserves appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The Financial Times recently published a report on Tether’s dependency on an obscure bank in the Bahamas in order to store some of its reserves. Capital Union, a Nassau-headquartered banking institution, was divided into virtual assets research last year, whereas just a month ago the bank picked prominent blockchain sleuth Chain analysis as its compliance …