The EU Market in Cryptocurrency Asset Regulation (MiCA) is changing the region’s crypto market. Due to the new rules, some crypto exchanges in the EU have removed the USDT Tether stablecoin from their platforms.
MiCA imposes strict requirements on stablecoin issuers, which has caused problems for stablecoins and affected liquidity in European crypto markets. With Tether removed, traders are turning to alternatives like the euro for trading, and new stablecoin issuers are looking to fill the gap.$ZEN $CTXC $ME #2024withBinance