Tether Voices Concerns Over Swift USDT Delisting in Europe Amid MiCA Regulations

Reported about 7 hours ago

Tether has expressed disappointment regarding the delisting of its USDT stablecoin by various European exchanges following the implementation of the MiCA regulatory framework. The company criticized these 'rushed actions' for lacking clarity and warned that such measures could destabilize the European crypto market, affecting more than just USDT. While acknowledging the necessity of regulation, Tether is adapting its strategy in Europe and plans to comply with MiCA while exploring opportunities in other regions, specifically El Salvador.

Source: YAHOO

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