Tether CEO: JPMorgan analysts are unhappy for not holding Bitcoin
On February 13th, Tether CEO Paolo Ardoino wrote that Morgan Stanley analysts were dissatisfied because they do not hold any Bitcoin. Earlier reports stated that Morgan Stanley analysts suggested that in order to comply with proposed US stablecoin regulations, Tether may need to sell some assets that do not comply with the regulations - including Bitcoin, precious metals, corporate notes, and secured loans.
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