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Tether May Need to Sell Bitcoin to Meet Proposed US Stablecoin Rules, Says JP Morgan - Decrypt

JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty."

By:Mat Di Salvo
Source:Decrypt
Published:
Tether May Need to Sell Bitcoin to Meet Proposed US Stablecoin Rules, Says JP Morgan - Decrypt
Stablecoin giant Tether may have to sell some of its Bitcoin in order to comply with proposed U.S. regulations, according to a report from the worlds biggest bank, JP Morgan.  In a Wednesday report,… [+3781 chars]

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