Ardoino said that the laws developed in the United States for stablecoins contain a position that are beneficial for tether, in particular the opportunity to work in the country, provided that cooperation with the authorities:
“American stabilcoin will fundamentally differ from the international. It depends on the terms of entry into force. Our tools are much better than the traditional financial system, and we prove it every day. ”
CEO Tether He said that now the company has excellent relations with many officials in Washington and law enforcement agencies.
He expressed the hope that thanks to the new US legislation, he will become the leader in attracting companies who want to develop their own payment systems and coins.
Earlier, Paolo Ardoino said that the company would not register with European regulators in order to comply with the law on regulation of cryptocurrencies in the European Union (Mica).
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
