JPMorgan Warns Tether May Sell Bitcoin Amid US Stablecoin Regulations

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The post JPMorgan Warns Tether May Sell Bitcoin Amid US Stablecoin Regulations appeared first on Coinpedia Fintech News Tether , the biggest stablecoin issuer, might be forced to sell some of its Bitcoin holdings to follow new US regulations, says JPMorgan analysts. The US has proposed two laws, the STABLE Act and the GENIUS Act to set stricter rules for stablecoin issuers. These laws would require stablecoins to have reserves fully backed by liquid assets like US Treasuries. Regulatory Pressure...