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Paolo Ardoino, chief executive of Tether, said at DC Fintech Week on Tuesday that the US was expected to catch up on cryptocurrency regulation. "Nowhere can compare to the US," he said. "I think it's very, very important to have sensible cryptocurrency regulations and stablecoin regulations in place to protect end users." He predicted that would happen in the US. Ardoino said: "We are buying a lot of US debt, and the most important job of a stablecoin issuer is to be able to liquidate the reserv...
On September 10th, crypto trading platform Gemini said in its "Global State of Crypto 2024" report on Tuesday that despite facing some significant headwinds, crypto adoption rates in the United States and the United Kingdom have remained stable in recent years, and the retail market now looks ready to rebound. The report, based on a survey of 6,000 people in the United States, the United Kingdom, France, Singapore, and Turkey, was conducted online from May 23 to June 28 this year. The report sta...
Paul Grewal, Coinbase's chief legal officer, said in an interview with Bloomberg on Tuesday: "Regardless of the outcome of individual races and of course the outcome of the presidential race, we are going to see a pro-cryptocurrency Congress emerge at a time when bipartisan support for crypto-friendly legislation is growing on Capitol Hill."
