Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year, arguably none threatens to shake up the digital-asset industry as much as a potential crackdown on Tether Holdings Ltd.

Paolo Ardoino explained how Tether cooperates with global governments and how the firm looks forward to regulations.

Tether's top executive said on Friday the company has seen no sign it is under investigation, after the Wall Street Journal reported U.S. authorities are probing potential violations by the cryptocurrency firm of sanctions or anti-money laundering rules.