Tether (CRYPTO: USDT) may have to restructure asset reserves, potentially forcing the company to sell some of its holdings, including Bitcoin (CRYPTO: BTC), according to JPMorgan analysts.
What Happened: This move, should it occur, could ripple through the cryptocurrency market, altering established dynamics, The Block reported.
The impetus for this potential shift stems from proposed legislation currently under consideration in Congress.
The U.S. House and Senate are each deliberating separate bills — the STABLE Act and the GENIUS Act, respectively — designed to impose stricter regulatory …
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