TechFlow reported on January 17 that, according to Bloomberg, Tether CEO Paolo Ardoino said the company is considering expanding its operations in the United States, following pro-crypto President Trump's election and the firm's strong 2024 profitability. In an interview with Bloomberg Television, Ardoino noted that improving regulatory expectations in the crypto industry, along with Tether's recent $775 million investment in U.S. publicly traded company Rumble, have created a favorable opportunity to reassess the U.S. market. He emphasized that while further expansion into the U.S. market remains possible, the company will wait for regulatory clarity and specific guidance, making its final decision based on the evolution of the U.S. legal framework.
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