Bitcoin.com News|Jan 31, 2025 04:33
🇪🇺 With Europe's MiCA regulations in full effect, Crypto․com drops USDT from its Eurozone platforms to comply with regulatory requirements.
ESMA's recent call urges EU-based exchanges to block noncompliant crypto assets by Q1 2025, following similar moves by Coinbase and Crypto․com.📈
Critics, including Tether CEO Paolo Ardoino, warn that delisting USDT could reduce liquidity and create systemic risks.
However, experts like Marina Markezic of the European Crypto Initiative see MiCA as a transformative opportunity for efficient crypto operations across the EU.
Will MiCA accelerate innovation or stifle growth? Share your thoughts on this regulatory shift!
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