Tether's CEO, Paolo Ardoino, emphasized the company's commitment to providing U.S. dollars to the unbanked globally, highlighting the need for user-focused regulations in the crypto sector. Concurrently, Don Wilson, a prominent trading figure, criticized SEC Chair Gary Gensler's approach to crypto regulation, suggesting it allows for selective enforcement. Wilson, who has previously contested Gensler's regulatory actions, aims to continue his fight against what he perceives as arbitrary regulation. In a related development, blockchain firm Consensys has issued an open letter to the next U.S. president, advocating for clear and supportive crypto regulations. Consensys argues that the current regulatory environment is fragmented and detrimental to innovation, urging the next administration to establish a coherent framework that fosters growth in the crypto market. The call for regulatory clarity comes at a pivotal time as the 2024 U.S. presidential election approaches, with industry leaders expressing concern that the U.S. is falling behind other nations in crypto regulation.