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ATTENTION!!!!!
#USDT.
The European Union has implemented a new regulation called MiCA (Markets in Crypto-assets), which comes into effect on December 30, 2024. This regulation imposes strict requirements on stablecoin issuers, such as Tether, the company behind USDT ¹.
Because Tether has not complied with MiCA requirements, European exchanges have begun to delist USDT from their platforms. This has led to a decline in the market capitalization of USDT, which has lost about $2 billion in recent days ¹.
The removal of USDT from European exchanges has also raised concerns about the liquidity of European markets. However, some analysts believe that this decision will not severely affect USDT, as most of its trading volume comes from Asia ¹.
Meanwhile, USDC, a stablecoin issued by Circle, is taking over in Europe. USDC has the necessary permits to operate in the region and has gained significant ground in recent days ².
In summary, the implementation of MiCA in the European Union has led to the removal of USDT from European exchanges, raising concerns about market liquidity. However, USDC is taking this opportunity to expand in the region.
#USDT.
The European Union has implemented a new regulation called MiCA (Markets in Crypto-assets), which comes into effect on December 30, 2024. This regulation imposes strict requirements on stablecoin issuers, such as Tether, the company behind USDT ¹.
Because Tether has not complied with MiCA requirements, European exchanges have begun to delist USDT from their platforms. This has led to a decline in the market capitalization of USDT, which has lost about $2 billion in recent days ¹.
The removal of USDT from European exchanges has also raised concerns about the liquidity of European markets. However, some analysts believe that this decision will not severely affect USDT, as most of its trading volume comes from Asia ¹.
Meanwhile, USDC, a stablecoin issued by Circle, is taking over in Europe. USDC has the necessary permits to operate in the region and has gained significant ground in recent days ².
In summary, the implementation of MiCA in the European Union has led to the removal of USDT from European exchanges, raising concerns about market liquidity. However, USDC is taking this opportunity to expand in the region.
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$BTC #BtcNewHolder ATTENTION!!!!
*Latest news about Bitcoin*
The current price of Bitcoin is $94,345.63 USD, with a percentage change of 0.21%.
Regarding trends and predictions, Galaxy, an investment firm, anticipates that Bitcoin will surpass $150,000 in a few months. On the other hand, VanEck reaffirms its bullish prediction for Bitcoin in 2025.
In the regulatory realm, Bitcoin enters a new regulatory stage, and (link unavailable) freezes XRP deposits due to a new law. Additionally, the U.S. government will require DeFi companies to provide user information.
As for adoption, MicroStrategy and BlackRock together hold nearly 1 million Bitcoin, and Bitcoin adoption is expected to continue growing in 2025 ².
*Latest news about Bitcoin*
The current price of Bitcoin is $94,345.63 USD, with a percentage change of 0.21%.
Regarding trends and predictions, Galaxy, an investment firm, anticipates that Bitcoin will surpass $150,000 in a few months. On the other hand, VanEck reaffirms its bullish prediction for Bitcoin in 2025.
In the regulatory realm, Bitcoin enters a new regulatory stage, and (link unavailable) freezes XRP deposits due to a new law. Additionally, the U.S. government will require DeFi companies to provide user information.
As for adoption, MicroStrategy and BlackRock together hold nearly 1 million Bitcoin, and Bitcoin adoption is expected to continue growing in 2025 ².