Tether is fined by regulators in New York | The Economist

Tether is fined by regulators in New York

A “stablecoin” is branded anything but, adding to jitters in crypto-markets

AHEALTHY CORRECTION, or the first signs of a crypto-crash? On February 21st bitcoin hit a new high of more than $58,000, double its price at the start of the year, after several big firms and investors, led by Tesla, signalled that they were starting to take the cryptocurrency seriously.

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