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Brian Armstrong Confirms Tether Delisting If Noncompliant With US Laws; Report

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Summary
Nutrition label

73% Informative

Brian Armstrong , CEO of Coinbase Global , has confirmed that the cryptocurrency exchange would remove the stablecoin Tether ( USDT ) from its U.S. trading platform if it is required to comply with new legislation.

Tether has been under pressure from regulators for its connection to criminal groups, sanctions bypassers, and terrorists to transfer money.

Armstrong: "There are a lot of people with Tether , and we want to give them an off-ramp to transition into a system that we think is more secure".

VR Score

61

Informative language

53

Neutral language

60

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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