Tether Teps Tramp trump Crypto Advisor to lead American operations

Photo of author

By [email protected]


In an attempt to unify itself as the Cablecoins cryptocurrencies, Tether takes advantage of Bo Hines, the former CEO of the White House encryption council in Donald Trump to lead its operations in the United States, including efforts to launch a new Stablecoo called USAT, which corresponds to new tramp lists, According to CNBC.

Tether is famous for USDT Stablecoin, which has been linked to the US dollar and has become the most used symbol for the exchange of encrypted currencies. According to what was reported, Usat will be its effort to fully compatible Stablecoin It has been approved recentlyA friend of industry regulating stablecoins.

It should not be difficult for the company to remain in compliance with the genes at the head of its operations in the United States, given that it was It is said An effective role in obtaining the draft law through the finish line and its signature in the law. Earlier this month, Heinz He said on Twitter The genius law “revolves around securing the future of US financing,” said Stablecoins, “” The promotion of the American dollar’s dominance, the updated payment bars, and giving Americans faster, cheaper and more transparent roads to move money. ” This, well, here is a simple test to see if this is true: try preparing your parents with Zelle or Venmo, then try to prepare it with an encrypted wallet and know which they find it easier.

However, it disturbed very sweet for Hines, which was often like Trump’s orbit that continues to fail. Before landing The role of the executive director Among the Chairman’s House of Advisors on digital assets, elections in North Carolina, which was According to what was reported in the first place through his own insurance fund. In August, after getting the work of the genius on the finish line, Heinz left the White House For the private sector, where it is It seems that he knew that he had a lot of job offers Waiting for him – perhaps because the encryption space Don’t be ashamed to absorb the Trump administration.

This may also be the end of any organizational audit of the paper, which occurred again and again in the hot water in the United States. the The company was called in 2018 The alleged cabinet holdings were also descended, It was prompted to settle fraud in 2021And it was It is subject to investigations into money laundering In 2024, the company was also subjected to repeated criticism of its failure to comply with the regulatory requirements, and to preserve a A shocking small team This seemed unable to make sure to follow the rules enough. But with Trump’s ally at the top of its American operations, it seems likely that any scrutiny will suddenly reduce the advancement.



https://gizmodo.com/app/uploads/2021/11/065ec55b30c20840c9d4bd546fcb0dac.jpg

Source link

Leave a Comment