A significant player in the crypto sphere, Tether has announced that it has appointed Jesse Spiro, a former executive at PayPal, to head its government affairs division. In this role, Spiro will focus on policy development and work closely with legislators, regulatory bodies, and key stakeholders. Prior to his role at PayPal, Spiro oversaw regulatory relationships and blockchain and cryptocurrency business. Before that, he served as the Chief Government Affairs Officer at leading blockchain analytics firm Chainalysis, where he amassed a wealth of industry experience. This appointment signifies another major step by Tether in enhancing its communication with global regulatory bodies and advancing the industry's compliance efforts.