stable currency issuer
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Federal Reserve Bank of New York Restricts Counterparty Standards in the Reverse Repurchase Program
On April 26, it was reported that on Wednesday, the Federal Reserve Bank of New York (NY Fed) restricted the counterparty standard of its reverse repurchase program (RRP), which ma
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CNHC Group Defaults on Finance Round
According to reports, the stable currency issuer CNHC Group completed a US $10 million A+round of financing. KuCoin Ventures led the investment, with other investors including Circle and IDG Capital. According to CNHC co founder Joy Cham, it is currently issued on the Ethereum and Conflux blockchains, with a total supply of approximately 15 million tokens (worth approximately $2 million). Tether’s CNHT currently has a total supply of approximately 20 million tokens. Stable currency issuer CNHC Group completed a US $10 million A+round financing Analysis based on this information:The news report indicates that the stable currency issuer CNHC Group has successfully concluded a $10 million A+ round of financing. It has emerged that the investment round was led by KuCoin Ventures, with Circle and IDG Capital also participating in the funding. According to Joy Cham, co-founder of CNHC, the stable currency token is currently issued on the Ethereum and Conflux blockchains, with a total supply of around 15 million tokens…
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Tether Uses Fraudulent Means to Open Bank Accounts
According to reports, according to the Wall Street Journal, the stable currency issuer Tether opened bank accounts through forged documents and shadow intermed…