Tether at Bitfinex yield: FOIL humiling ng oposisyon na binawi
Tether and Bitfinex, key players in the cryptocurrency arena, have taken a noteworthy step towards transparency by retracting their opposition to a Freedom of Information Law (FOIL) request in New York. This decision, initiated by a request from CoinDesk and other high-profile news publications, marks a pivotal moment in the ongoing dialogue about transparency in the cryptocurrency sector. Embracing Transparency in Cryptocurrency The joint decision by Tether, the issuer of the USDT stablecoin, and Bitfinex, a leading cryptocurrency exchange, comes amid growing calls for greater transparency within the digital currency industry. While Tether and Bitfinex have always placed a high value on transparency, their latest move signifies a more open approach to sharing information. This stance aligns with the broader industry principle of maintaining clarity in operations and dealings. However, Tether and Bitfinex emphasize that their commitment to transparency will be balanced with standard business practices. The companies acknowledge the importance of responsibly handling business information, indicating that their approach to transparency will be measured and considerate. This decision to not further appeal the FOIL request stems from their belief in the importance of being open and transparent while also respecting the boundaries of professional and ethical business conduct. Setting a Higher Standard The move by Tether and Bitfinex



