Tether vice president appointed chair of pro-crypto super PAC… “Candidates to endorse to be announced soon”
Summary
- Tether’s vice president for regulatory affairs, Jesse Spiro, has been appointed chair of a pro-cryptocurrency super PAC, it said.
- The industry said it expects Fellowship PAC’s lobbying and support for endorsed candidates to ramp up in earnest following Spiro’s appointment.
- Fellowship PAC said it plans to release its first list of endorsed candidates within the next few days.
Forecast Trend Report by Period
A senior executive at Tether (USDT), the issuer of the dollar-pegged stablecoin, has been appointed chair of a pro-cryptocurrency super PAC (Special Political Action Committee).
Eleanor Terrett, host of Crypto in America, said on X on the 1st (local time) that “Fellowship PAC, ahead of the midterm elections, appointed Jesse Spiro, Tether’s vice president for regulatory affairs, as chair.” Fellowship PAC is an organization that represents the interests of the cryptocurrency industry.
Spiro is a regulatory specialist who has worked at PayPal and Chainalysis, among others. The industry expects that with Spiro’s joining, Fellowship PAC’s lobbying efforts and support for endorsed candidates will accelerate in earnest.
Meanwhile, Fellowship PAC plans to release its first list of endorsed candidates within the next few days.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
