
Senator Elizabeth Warren Grills Cantor Fitzgerald's Howard Lutnick Over Controversial Crypto Connections
In a recent Senate hearing, Senator Elizabeth Warren intensified her scrutiny of Howard Lutnick, the chairman and CEO of Cantor Fitzgerald, regarding his company's relationships with a cryptocurrency firm that has garnered a reputation for its connections to illicit financial activity. This session reflects growing concerns among legislators about the crypto industry's links to crime and its regulatory loopholes.
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Cantor Fitzgerald Explores Bitcoin Lending Partnership with Tether
In an ambitious move that reflects the growing intersection of traditional finance and the cryptocurrency realm, Cantor Fitzgerald, led by CEO Howard Lutnick, is reportedly in discussions with Tether, the company behind the USDT stablecoin, regarding the establishment of a Bitcoin lending program. This initiative aims to leverage the rapidly expanding digital assets market and strengthen Cantor's position within the financial landscape.
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