🚨 𝙐𝙎𝘿𝙏 𝘿𝙚𝙡𝙞𝙨𝙩𝙞𝙣𝙜 𝙞𝙣 𝙩𝙝𝙚 𝙀𝙐: 𝙒𝙝𝙖𝙩 𝙔𝙤𝙪 𝙉𝙚𝙚𝙙 𝙩𝙤 𝙆𝙣𝙤𝙬 👇
From Dec 30, 2024, new #Eu rules (MiCA) will require stablecoins like USDT to:
• Be fully transparent about reserves.
• Use European banks as custodians.
• Pass regular audits.
Since #USDT doesn’t meet these rules, many exchanges in the EU will stop offering USDT.
What You Need to Know:
• #coinbase has already delisted USDT due to compliance rules.
• #Binance and #Cryptocom may follow soon.
• This only affects the EU: USDT remains unaffected outside the EU, and futures trading is not impacted.
• Exchanges will notify users of any changes to USDT pairs.
What You Can Do:
1️⃣ Move to other stablecoins like $USDC or $BUSD.
2️⃣ Use platforms like Curve or Uniswap for swaps.
3️⃣ Stay updated on changes from exchanges.
Stay prepared and protect your funds! 👍