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Tether wants to take over Chile: a new era of control? 🚨
The stablecoin giant Tether has invested US$4 million in a Chilean startup, according to Diario Financiero. The deal is a sign of a possible direct entry by Tether into the local market—something the CMF has not yet regulated. My position is clear: if Tether controls the payments infrastructure, Chile becomes a leak point for capital without oversight. The CMF should require licenses and supervision before Tether sets up its exchange. Are you worried that Tether could dominate the local market? What do you think of this move?
#Stablecoins #CMF #RegulacionChile #TetherChile #RumorCrypto
Not financial advice. Verify before investing.
Tether wants to take over Chile: a new era of control? 🚨
The stablecoin giant Tether has invested US$4 million in a Chilean startup, according to Diario Financiero. The deal is a sign of a possible direct entry by Tether into the local market—something the CMF has not yet regulated. My position is clear: if Tether controls the payments infrastructure, Chile becomes a leak point for capital without oversight. The CMF should require licenses and supervision before Tether sets up its exchange. Are you worried that Tether could dominate the local market? What do you think of this move?
#Stablecoins #CMF #RegulacionChile #TetherChile #RumorCrypto
Not financial advice. Verify before investing.
The stablecoin giant Tether has invested US$4 million in a Chilean startup, according to Diario Financiero. The deal is a sign of a possible direct entry by Tether into the local market—something the CMF has not yet regulated. My position is clear: if Tether controls the payments infrastructure, Chile becomes a leak point for capital without oversight. The CMF should require licenses and supervision before Tether sets up its exchange. Are you worried that Tether could dominate the local market? What do you think of this move?
#Stablecoins #CMF #RegulacionChile #TetherChile #RumorCrypto
Not financial advice. Verify before investing.
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