Can Tether's new financial manager resolve transparency crisis? Learn about the recent power transition in Tether team and its impact on financial transparency.
Tether has appointed Simon MacWilliams as its new financial manager to enhance financial transparency and reduce regulatory pressures. With his extensive expertise in financial auditing, MacWilliams is expected to lead the company towards full auditing, strengthening trust among users, regulatory bodies, and institutional investors. Meanwhile, the former CFO, Giancarlo Devasini, has been appointed as the chairman of the board to focus on macroeconomic strategies and global acceptance of digital assets.
