Tether’s CEO Paolo Ardoino Calls For Stable Crypto Regulations In US

Quick Summary:

At the recent DC Fintech Week, Tether’s CEO, Paolo Ardoino, emphasized the need for sensible crypto regulations in the United States.

This, he argued, makes Tether highly resilient during periods of redemptions, stating that the company survived billions in redemptions in 2022, “a type of pressure that almost no bank was able to survive.

During his presentation, Ardoino highlighted Tether’s cooperation with law enforcement agencies in 45 countries, including the FBI and the U.S.Secret Service.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaUnited States

Topics: Tether USDT Regulation News 24/7 Cryptocurrency News Crypto regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 21:50:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23207527

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