U.S. Commerce Secretary Nominee Denies Firm Tether Connection

Quick Summary:

Commerce Secretary nominee, has denied any firm connection to USDT stablecoin issuer Tether, addressing concerns raised by Democratic Senator Elizabeth Warren.

Lutnick, who is also the CEO of Cantor Fitzgerald, emphasized that dollar-backed stablecoins should undergo thorough audits by U.S.firms, according to Jacob King from Whalewire on X.

Howard Lutnick, U.S.

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Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Crypto News Commerce Secretary U.S. Commerce Secretary nominee denies Tether connection

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 12:42:27 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 25631243

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