Coinbase and Circle: Advocating for Action Against Tether and Non-Compliant Firms
Introduction
In the world of cryptocurrencies, regulatory compliance is a critical issue that needs to be addressed. Coinbase and Circle, two prominent players in the crypto industry, have recently urged the U.S. government to take action against non-compliant international digital asset firms, including Tether, one of their biggest competitors. This article will delve into the reasons behind their call for action and the potential implications for the crypto market.