Tether Holdings Ltd, a major cryptocurrency firm, plans to expand in the United States and invest $775 million into the video-sharing platform Rumble Inc. The move comes as Tether anticipates a more crypto-friendly environment under President Donald Trump. Tether's profits have been boosted by higher interest rates and a crypto market rebound. The company's CEO remains cautious about future laws before moving forward. Tether paid $41 million to settle allegations of misrepresenting its reserves in 2021. The company is also reportedly under investigation in New York for potential violations of sanctions and anti-money laundering rules. Tether has hired a former PayPal executive for government relations and may exceed its projected profit of $10 billion by 2024. Tether is also finalizing its global headquarters in El Salvador and plans to hire more employees there.



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