Attestation firm BDO confirms that Tether has assets worth at least $67 billion and minimum surplus reserves of $960 million. BDO’s “assurance opinion” confirms the validity of Tether’s December 2022 ...
Tag: BDO
Tether’s assets exceed liabilities in new reserves report by BDO
Tether, the issuer of the world’s largest stablecoin by market value, has completed reserves attestation by major global accounting firm BDO. The stablecoin firm released BDO’s assurance opinion on Fe...
Auditing firm BDO could follow Mazars in abandoning crypto clients
BDO could become the latest auditing firm to halt or limit services to crypto companies, based on reports from the Wall Street Journal on Dec. 16. A report from the news publication quotes a BDO repre...
This Biotech Company’s Goal Is To Have A Plant-Based American Flag Fly Over The White House
An American flag made out of corn. Stable Diffusion algorithm. With the midterm elections in the rearview mirror, the lawmakers in Washington, DC, are focusing on the future: the topic of the conversa...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The...
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm, to help handle its assurance and attestation processes. The move comes off as a...
Tether Hires New Auditor BDO Italia For Monthly USDT Reserves Report
Leading stablecoin issuer Tether has hired accounting firm BDO Italia to replace Cayman Islands firm MHA Cayman in overseeing its attestation reports for USDT reserves. The USDT issuer said it plans ...
Tether to issue monthly attestation reports with new accounting firm BDO Italia
Tether said Aug. 18 that it is now working with BDO Italia, a top five global accounting firm, in an effort to increase the transparency of the USDT stablecoin. The collaboration will see Tether relea...