The senate hearing was NOT positive! That's only the spin you're getting from the crypto media...they want to trade and prop up the industry on anything. If you read any objective news source on the the senate hearing, you can read between the lines that this will damage the coin.
Do you realise what being regulated means? Watch that video above. He is good. Audits for everyone, including Tether. What do you think the crypto world will do once they realise Tether isn't backed by the dollar to extent they say they are? Ohh boy if I could get a put option on them!
Do you understand what AM legislation is? Banks will stop supporting all exchanges around the world soon as they can't verify the source of funds.
C'mon guys - take some profits and be careful out there. Some of the advice I'm hearing is downright scary.
