According to BlockBeats, on October 23, Tether CEO Paolo Ardoino expressed his expectations for forthcoming reasonable cryptocurrency regulations in the United States during a speech at the Washington DC Fintech Week event via video link.

Ardoino emphasized that Tether is actively collaborating with law enforcement agencies in 45 countries worldwide, including the FBI and the Secret Service in the United States. He stated, 'It is challenging to find another financial company that can match Tether in terms of cooperation with law enforcement and institutional relationships.'