common-close-0
BYDFi
Trade wherever you are!

Will the regulator delist Tether in the near future?

avatarDrew HackettDec 16, 2021 · 3 years ago3 answers

What are the chances that regulators will delist Tether in the near future? Is there any specific reason or concern that might lead to such a decision?

Will the regulator delist Tether in the near future?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I believe that the chances of regulators delisting Tether in the near future are relatively low. While there have been concerns and controversies surrounding Tether's transparency and its peg to the US dollar, it is still widely used in the cryptocurrency market. Regulators are more likely to focus on implementing stricter regulations and oversight rather than completely delisting Tether. However, it is important for Tether to address these concerns and improve transparency to maintain its credibility in the market.
  • avatarDec 16, 2021 · 3 years ago
    Well, let me tell you, regulators have been keeping a close eye on Tether for quite some time now. With the recent scrutiny on stablecoins and their potential impact on the financial system, there is a possibility that regulators might consider delisting Tether if they find any evidence of wrongdoing or if they believe that it poses a systemic risk. However, it's important to note that Tether has a significant market presence and any decision to delist it would have far-reaching consequences. So, while the possibility exists, it's not something that can be taken lightly.
  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for other exchanges, at BYDFi, we have no plans to delist Tether in the near future. Tether has been a popular stablecoin choice among our users and we believe in providing them with a wide range of options. However, it's worth noting that the decision to delist a cryptocurrency ultimately lies with the regulators. We will continue to monitor the situation and comply with any regulatory requirements that may arise.