Tether CEO: Expect the U.S. to Catch Up in Crypto Regulation

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Jinse Finance
3 hours ago
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Tether CEO Paolo Ardoino said on Tuesday at DC Fintech Week that the US is expected to catch up on cryptocurrency regulation. He said: "There is no place that can compare to the US. I think the introduction of reasonable cryptocurrency and stablecoin regulations to protect end-users is extremely, extremely important." He predicted that this will happen in the US. Ardoino said: "We are buying a lot of US debt, and the most important job of stablecoin issuers is to be able to liquidate reserves and repay everyone upon redemption."

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