Tether CEO: It is expected that the United States will catch up with Cryptocurrency regulation

DailyNews

2024-10-22 19:57:00

According to Jinse.com, Tether CEO Paolo Ardoino said on Tuesday at DC Fintech Week that he expects the United States to catch up in terms of cryptocurrency regulation. He said, ‘There is no place that can compare to the United States. I believe that the introduction of reasonable cryptocurrency regulations and stablecoin regulations to protect end users is very, very important.’ He predicts that this will happen in the United States. Ardoino said, “We are buying a large amount of US debt, and the most important task for stablecoin issuers is to be able to liquidate reserves and repay everyone at redemption.”

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