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❌ All exchanges operating in the #EuropeanUnion must delist $USDT by December 30 , as the #stablecoin does not comply with the new MiCA rules.
Exchange executives are concerned that delisting #USDT will lead to a decrease in liquidity.
However, #tether , the issuer of USDT, plans to circumvent the restrictions - the company has already invested in the stablecoin issuer StablE, which complies with #European regulations.
(the news has been in the price for a long time, it was known at the beginning of December!) the market would not have fallen on this now.
Exchange executives are concerned that delisting #USDT will lead to a decrease in liquidity.
However, #tether , the issuer of USDT, plans to circumvent the restrictions - the company has already invested in the stablecoin issuer StablE, which complies with #European regulations.
(the news has been in the price for a long time, it was known at the beginning of December!) the market would not have fallen on this now.