Jan 7, 2025 · The potential ban of USDT in Europe underscores the growing importance of regulatory compliance in the cryptocurrency space. While the MiCA regulation aims to create a safer and more transparent market, it also poses challenges for non-compliant assets like Tether.

2 days ago · Crypto.com will suspend purchases of Tether USDt along with nine other tokens in line with Europe’s MiCA regulations on Jan. 31, a spokesperson for the exchange confirmed to Cointelegraph on Jan ...

1 day ago · In October 2024, Coinbase announced that it would be delisting USDT from its EU platform due to non-compliance with MiCA. This process was completed by mid-December 2024, and users were swapped USDT with other MiCA-compliant assets, including Circle’s USDC. After the adoption of MiCA, several CASPs in Europe have secured regulatory licenses.

1 day ago · MiCA requires that stablecoins operating within the European Economic Area (EEA) must have an e-money license from at least one EU member state. USDT, which has a market cap of $139 billion, does not have such a license, and Tether has not received authorization under MiCA. This has led to increased scrutiny of USDT in the region.

19 hours ago · Tether (USDT) and the challenge of regulatory compliance in the EU with the MiCA . The MiCA (Markets in Crypto-Assets) regulation represents a significant step in regulating the criptovalute market in Europe.. Among the most significant provisions are stringent rules for emittenti di stablecoin, which include capital requirements, usage limits, and …

Dec 21, 2024 · The removal of USDT highlights a crucial challenge for Europe: successfully reconciling its ambition for strict regulation with the necessity of remaining competitive in the global digital economy. This decision raises major concerns, ranging from liquidity fragmentation to increased costs for investors.

22 hours ago · Tether finalizes European strategy for USDt Apart from broader consumer risks potentially arising from MiCA-triggered ecosystem changes, Tether reiterated that MiCA poses negative implications for ...

2 days ago · USDT delistings in the European Union have been a hot subject in the crypto community since Coinbase announced USDT delisting as a noncompliant stablecoin under MiCA in October 2024. After delisting the stablecoin in mid-December 2024, Coinbase Europe offered its clients conversion of USDT into MiCA-compliant options, including Circle’s USD ...

Dec 27, 2024 · In a notable announcement, the platform confirmed the removal of USDT from its services in Europe and cites compliance requirements related to the MiCA regulation (Markets in Crypto-Assets).

Dec 22, 2024 · Starting Dec. 30, the new rules require EU-regulated platforms to de-list Tether’s (USDT) token. Tether is the most used global stablecoin. Like Bitcoin, existing EU crypto regulations for stablecoins do not cover it.