Source: Coindesk.com
Stablecoin regulations pose a threat to Tether's dominance, JPMorgan said in a report. Complying with MiCA means Tether may have to change its reserve management strategy, the bank said. Tether told CoinDesk in a response that "JP Morgan analysts seem to still have a fundamental misunderstanding about how our industry works."
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The post "Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says; USDT Issuer Claims Sour Grapes" appeared first here Coindesk.com.
Source: Coindesk.com
