Gensler gone, Lutnick Tether’d, ‘crypto’ enters its Romanov phase

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CoinGeek 11h ago

Gensler gone, Lutnick Tether’d, ‘crypto’ enters its Romanov phase - CoinGeek

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The SEC recently announced that Gary Gensler would resign as chairman effective at noon on January 20, 2025, the same day Donald Trump will be sworn in for his second term as U.S.President.

The post Gensler gone, Lutnick Tether’d, ‘crypto’ enters its Romanov phase appeared first on CoinGeek.

However, Lutnick has to date offered only verbal assurances that Tether has sufficient reserves backing its $133 billion in issued USDT, which isn’t much better than Tether’s quarterly ‘attestations’ to that claimed reality.