The EU is about to fully implement the Crypto Assets Act, bringing new changes to the cryptocurrency market! 🎉 To comply with the Market in Crypto-Assets Regulation (MiCA), several crypto exchanges within the EU have begun to delist USDT. Although Tether has not yet obtained the relevant license, it may still attempt to acquire one in the future.

Meanwhile, Tether's competitor Circle has obtained a license in July, demonstrating its leading position in compliance. The new EU regulations aim to strengthen the oversight of cryptocurrency flows and help prevent criminal activities such as money laundering. Blockchain forensics experts point out that USDT is often used in such crimes, so the implementation of the new regulations could have far-reaching effects on the market. 🔍