Tether Says Audit Is Still Months Away as Crypto Market Falters

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This 12 months’s hunch in digital property is pressuring crypto corporations to point out buyers that their cash is secure. Thus far, they haven’t delivered.

Many crypto corporations lack the essential monetary guardrails that assist defend buyers in conventional banks. Corporations usually don’t publish monetary statements, or have anybody verify their books. Even when they’re audited, there are no agreed accounting standards for digital property. 

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