Fed issues warning on Tether, U.K. bans Binance exchange

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  • CNBC Television published this video item, entitled “Fed issues warning on Tether, U.K. bans Binance exchange” – below is their description.

    CNBC’s Kate Rooney on whether there’s a growing cryptocurrency crackdown. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Karen Finerman, Tim Seymour and Brian Kelly.

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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