Tether CEO Urges US to Adopt Fair Crypto Regulations

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

Tether (USDT) CEO Paolo Ardoino has urged the United States to adopt fair and sensible crypto regulations. During a remote presentation at DC Fintech Week, the stablecoin issuer CEO highlighted the need for regulations that foster innovation while ensuring consumer protection.

Ardoino expressed optimism that the U.S. will soon introduce clear and effective regulations. He stressed that these regulations should ensure the protection of end users while allowing stablecoin innovations to flourish.

“I think it’s very, very important that sensible crypto regulations and stablecoin regulations will come to fruition in a way that will protect the end users,” Ardoino said during his appearance via video link at the event.

The Tether CEO pointed out that despite being Italian, he has seen the U.S. lead the technological developments over the years. He added that these regulations would allow stablecoins like USDT to be a “lifeline” for people in countries facing economic challenges.

“I think the U.S. has a very, very important role in the global financial system. And I think that if we have balanced crypto regulations that will enhance the stability of the market, I think that will be very good for everyone,” Ardoino said.

He expressed confidence that regulatory frameworks in the U.S. will emerge to support both innovation and consumer safeguards.

“I think that in the U.S., we will see something that will be very good for both innovation and the consumer,” Ardoino added.

Cooperation With Law EnforcementDuring his presentation, Ardoino highlighted Tether’s cooperation with law enforcement agencies in 45 countries, including the FBI and the U.S. Secret Service. He noted that Tether has strengthened its compliance over the years, moving past its earlier reputation for resistance to regulatory oversight.

“It would be difficult to find another financial firm that matches the level of law-enforcement cooperation and number of agency relationships that Tether has,” Ardoino said, citing its engagements in numerous countries.

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