Binance, Tether and Trump crypto firms face Senate records deadline

Bearish+0.06%
9 Nov, 09:00
Source: Cointelegraph

AI Summary

U.S. Senators are demanding compliance records from major crypto platforms like Binance and Tether by late November, warning of further regulatory action if deadlines are missed, signaling increased scrutiny for the industry.

Binance, Tether and Trump crypto firms face Senate records deadline

Sen. Richard Blumenthal asked four crypto firms to start sending records by Nov. 30 and warned of further action if they miss the Jan. 4 deadline.