#USDT? 🌪️IS THIS THE END OF USDT?

•Different EU countries have different deadlines for adaptation (from 6 to 18 months).

•USDT does not disappear from the EU after the entry of MiCA (30.12.2024), but it may be more difficult to trade it on CEXes.

•New regulations make it clear - if you want to operate in the EU, you must have one of the following:

•E-money license in one of the EU countries (something like a pass to the club)

•60% of reserves in bank deposits (no trickery)

•Regular audits of reserves (no trickery)

•An office in the EU and at least one director on site

•The transition periods are the same in different countries - each has its own rules. We have 18 months (until June 2026) to adapt to MiCA, but everything is in the details.

The French have a full 18 months to get their heads around the subject, the Dutch only have 6, Poland apparently has too, and countries like Austria and Spain have chosen 12 months.

•There are still no clear guidelines from EU regulators on whether USDT is bad at all, as some have said.

There is no need to panic too much and make nervous moves. There are a few steps worth taking:

•First of all, check what your exchange is planning - each has its own policy and schedule of changes.

$USDC

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Greetings to those who are aware. 😎

The content contained above results from the author's personal experience, is his private opinion and should not be the basis for making any investment decisions, therefore the author is not responsible for any losses or benefits resulting from the use of this or purchases or investments. #altcoins