What to know:
- Tether could face challenges from proposed U.S. stablecoin regulations, the report said.
- JPMorgan said company data suggests that Tether’s reserves are only 66% compliant under the STABLE Act and 83% under the GENIUS Act.
- A Tether spokesperson said adapting to new requirements will be straightforward.
Oh dear, it looks like Tether might have to sell some of its reserves to comply with those pesky U.S. stablecoin regulations. Because, you know, who needs to hold onto their assets when there are rules to be followed? 🙄 According to a research report from
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2025-02-13 18:07