by cointelegraph 08/08/2019
|Synthetix Network Token||$0.29341|
Tether’s (USDT) launch on the Liquid Network makes Libra obsolete even before it goes live, according to Samson Mow, chief strategy officer (CSO) at Blockstream. Liquid USDT Might Overshadow Libra At the end of July, Tether announced that it was launching on the Liquid Network sidechain, which was developed by Blockstream. Prior to that, the USD-backed stablecoin was residing on Bitcoin’s Omni Layer. Bitfinex already accepts deposits and withdrawals of Liquid-based Tether, called Liquid USDT.
The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide anti-money-laundering regulatory regime.
Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen.