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Gate Daily (August 29): CFTC opens offshore encryption trading avenues; USDT is about to be issued on Bitcoin; YZY Token causes losses for over 50,000 people.
Bitcoin (BTC) has slightly rebounded from its short-term low, currently reported at around 112,300 USD on August 29. U.S. regulators are paving the way for Americans to trade on offshore crypto asset exchanges, with Tether's USD 167 billion worth of USDT set to be natively launched on Bitcoin. In Kanye West's YZY token trading, 51,000 traders lost USD 74 million, while 11 traders netted USD 1 million.
YZY-5.36%