Cryptocurrencies

Tether General Counsel Tells CNBC Audit Is ‘Months’ Away

Bosa: “Quick question just to follow up on the audit. To go back a tiny little bit, I know that you said you would be thrilled to be the first crypto company and stablecoin to go through an audit. Do you have a date in mind?”

Hoegner: “We don’t at this time, no, but we are reaching back a couple of years for the financial audit and that is in process.”

Bosa: “Okay, do you think that’s years away?”

Related: Paxos Reveals Assets Backing Stablecoins PAX, BUSD

Hoegner: “Months, not years.”

Bosa: “Only months away?”

Hoegner: “Yep”

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