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Cantor Fitzgerald’s history is marred by tragedy: 658 of its employees were killed on 9/11, almost one-third of its global team. Because it lost so many workers, the company was forced to embrace electronic trading instead of how things conventionally worked in the Treasury market: human brokers calling or visiting clients. Today, Wall Street is embracing crypto and blockchains as a way to disrupt old ways of doing business and keeping records.
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Howard Lutnick, Tether’s (USDT) Wall Street Banker, Is Trump’s Pick for Treasury Secretary
