🚨🚨WHAT IS HAPPENING WITH #usdt ?🚨🚨

As December 30, 2024, approaches, misinformation about the status of Tether ($USDT) is generating concern throughout the cryptocurrency community. Below is a breakdown of the reality surrounding $USDT and its compliance with upcoming European regulations.

$USDT is not becoming illegal in Europe

Contrary to circulating fears, $USDT is not expected to become illegal in Europe on the indicated date. The upcoming regulation of the Markets in Crypto-Assets (MiCA) will require stablecoin providers to adhere to new compliance standards. However, it is essential to note that there will be a transition period of 6 to 18 months for providers to adapt to these regulations.