Tether appoints former Trump administration advisor to enter the US market

#Tether , the world's largest stablecoin issuer, has appointed Bo Hines, former cryptocurrency advisor of the Trump administration, as a strategic advisor. This move demonstrates Tether's strong commitment to regulatory compliance and penetrating the US market.

The role and importance of Hines

Bo Hines, who previously served as the Executive Director of the President's Advisory Council on Digital Assets, played a key role in shaping the policies on stablecoins and digital assets of the $TRUMP administration, including the development of the GENIUS Act. With his experience and deep understanding of the legislative process, Hines will collaborate with Tether's leadership team to build and execute a strategy for entering the US market. The goal is to establish constructive relationships with policymakers and stakeholders in the industry.

Tether's commitment

Hines's appointment comes just a month after the GENIUS Act was passed, an important legal framework for stablecoins in the US. Paolo Ardoino, CEO of Tether, stated that the company will make every effort to comply with the new regulations for foreign issuers under this law. This move reaffirms that Tether not only wants to maintain its leading position but also aims to become a reputable organization, strictly adhering to regulations in the largest financial market in the world. #anh_ba_cong