MICA
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MiCA is officially live!
After years of consultation, heated debates, contemplated bitcoin bans, last-minute amendments, and countless votes, MiCA now (actually since Dec 30 2024) officially applies to crypto-asset issuers and service providers in the EU - even if the latter still benefit from national transitional periods.
MiCA stands as the world’s most comprehensive regulatory framework for crypto assets. With regulatory clarity and access to a massive single market of 450 million consumers, the EU has a unique opportunity to position itself as a global hub for crypto innovation.
However, only time (and the market) will tell whether MiCA can foster innovation, create a competitive local market, and protect EU consumers. A pragmatic and iterative approach to implementation will be critical. We should consider MiCA a "V 1.0"—a foundation that must evolve to address emerging challenges and adapt to new business models.
What do you guys think? More headache and drama or actually useful?
#regulation #mica #europe #bitcoin
After years of consultation, heated debates, contemplated bitcoin bans, last-minute amendments, and countless votes, MiCA now (actually since Dec 30 2024) officially applies to crypto-asset issuers and service providers in the EU - even if the latter still benefit from national transitional periods.
MiCA stands as the world’s most comprehensive regulatory framework for crypto assets. With regulatory clarity and access to a massive single market of 450 million consumers, the EU has a unique opportunity to position itself as a global hub for crypto innovation.
However, only time (and the market) will tell whether MiCA can foster innovation, create a competitive local market, and protect EU consumers. A pragmatic and iterative approach to implementation will be critical. We should consider MiCA a "V 1.0"—a foundation that must evolve to address emerging challenges and adapt to new business models.
What do you guys think? More headache and drama or actually useful?
#regulation #mica #europe #bitcoin
Jennifer Bingga:
🚀
Seismic Shifts in the European Crypto Landscape: 2025 is Here! 🌟
🚀 Crypto Regulation in the EU: MiCA Changes the Game 🚀
As the new year begins, Europe is set for a seismic 2025 with the full implementation of the long-awaited Markets in Crypto-Assets Regulation (MiCA). This groundbreaking regulation is already causing significant shifts in the crypto industry, especially in the stablecoins sector. Let's dive into what this means for the future of crypto in Europe.
### 🔍 Key Highlights:
- MiCA in Full Force: MiCA aims to provide a harmonized regulatory framework across the EU, enhancing investor protection, market integrity, and financial stability. 🌍📜
- Stablecoins Shake-Up: Tether has retreated from the market due to non-compliance, signaling major changes in the stablecoins sector. 💸📉
- Industry Evolution: Cryptonews has gathered a panel of experts to explore how the crypto industry is set to evolve across the EU over the next 12 months. 🧠🔮
### What to Expect in 2025:
- Regulatory Compliance: Increased regulatory scrutiny will shape how crypto businesses operate within the EU. 🕵️♂️
- New Crypto Hubs: Countries like Germany, France, and Portugal are poised to become new hubs for crypto activities due to their business-friendly regulatory environments. 🏙️✨
- Challenges for Smaller Players: Stringent compliance requirements may pose challenges for smaller crypto businesses. ⚖️📊
### Stay Ahead with Binance:
- Real-Time Data: Monitor the latest market trends and data on Binance.
- Expert Insights: Benefit from expert analysis and tips to navigate the evolving crypto landscape.
- New Listings: Stay updated on exciting new coin listings and trading pairs.
🔗 Stay Connected:
- Website: [Binance](https://www.binance.com/en)
- Twitter/X: [Binance Twitter](https://twitter.com/binance)
- Telegram: [Binance Telegra(https://t.me/binance)
Stay tuned with Binance for the latest market insights, trends, and expert advice to navigate the thrilling world of cryptocurrencies in 2025! 🌐📊
#CryptoNews #Binance #MiCA #CryptoRegulation #MarketTrends
As the new year begins, Europe is set for a seismic 2025 with the full implementation of the long-awaited Markets in Crypto-Assets Regulation (MiCA). This groundbreaking regulation is already causing significant shifts in the crypto industry, especially in the stablecoins sector. Let's dive into what this means for the future of crypto in Europe.
### 🔍 Key Highlights:
- MiCA in Full Force: MiCA aims to provide a harmonized regulatory framework across the EU, enhancing investor protection, market integrity, and financial stability. 🌍📜
- Stablecoins Shake-Up: Tether has retreated from the market due to non-compliance, signaling major changes in the stablecoins sector. 💸📉
- Industry Evolution: Cryptonews has gathered a panel of experts to explore how the crypto industry is set to evolve across the EU over the next 12 months. 🧠🔮
### What to Expect in 2025:
- Regulatory Compliance: Increased regulatory scrutiny will shape how crypto businesses operate within the EU. 🕵️♂️
- New Crypto Hubs: Countries like Germany, France, and Portugal are poised to become new hubs for crypto activities due to their business-friendly regulatory environments. 🏙️✨
- Challenges for Smaller Players: Stringent compliance requirements may pose challenges for smaller crypto businesses. ⚖️📊
### Stay Ahead with Binance:
- Real-Time Data: Monitor the latest market trends and data on Binance.
- Expert Insights: Benefit from expert analysis and tips to navigate the evolving crypto landscape.
- New Listings: Stay updated on exciting new coin listings and trading pairs.
🔗 Stay Connected:
- Website: [Binance](https://www.binance.com/en)
- Twitter/X: [Binance Twitter](https://twitter.com/binance)
- Telegram: [Binance Telegra(https://t.me/binance)
Stay tuned with Binance for the latest market insights, trends, and expert advice to navigate the thrilling world of cryptocurrencies in 2025! 🌐📊
#CryptoNews #Binance #MiCA #CryptoRegulation #MarketTrends
Maximous-Cryptobro:
Where is the news?
"USDC vs. USDT: Navigating Stability, Compliance, and the Future of Crypto in the EU"
Whether you’re well-versed in crypto or just starting, determining which stablecoin — USDC vs USDT — best suits your needs is crucial.
Stablecoins like USDC (USD Coin) and USDT (Tether) play a crucial role in the world of cryptocurrencies. They help bridge the gap between the unpredictable nature of digital currencies and the stability of traditional fiat currencies. These coins are designed to maintain a steady value, usually tied one-to-one with a specific fiat currency, such as the US dollar, which is why they’re called “stable.”
USDC is supported and managed by the Centre Consortium, a partnership between Circle and Coinbase, established in 2018. Circle oversees its operations and aims to boost transparency and trust by regularly confirming its financial status.
On the other hand, USDT, introduced by Tether Limited in 2014, is the first and most widely used stablecoin in the cryptocurrency market. Despite facing scrutiny regarding its reserve transparency, USDT remains a key player in the digital asset space.
The main goal of stablecoins like USDC and USDT is to reduce the price volatility commonly seen in other cryptocurrencies like Bitcoin and Ethereum. Maintaining a stable value provides a reliable means for everyday transactions, trading, and storing value, making cryptocurrencies more practical for real-world use.
Why is Tether Facing Delisting in the EU?
MiCA is designed to bring more transparency, security, and consumer protection to the cryptocurrency space. To comply with MiCA, stablecoins like USDT need to meet strict requirements, including obtaining licenses as electronic money institutions and publishing a compliant whitepaper. Tether, however, has not met these criteria, which has led to its delisting in the EU. This regulatory failure has significant consequences for both the company and its users.
What’s Next for USDT in Europe?
While no European regulators have explicitly confirmed that USDT will be delisted, many crypto exchanges, including major players like Binance and Crypto.com, are closely watching the situation. According to Juan Ignacio Ibañez, a member of the MiCA Crypto Alliance’s Technical Committee, exchanges are not required to immediately delist USDT but may take a proactive approach to avoid any compliance risks. As the December 30 deadline approaches, it remains uncertain whether exchanges will act all at once or adopt a “wait-and-see” strategy.
Potential Market Impacts and Opportunities
The delisting of USDT could have a ripple effect across the European crypto market. Here are some of the likely outcomes:
Liquidity and Volatility: The removal of USDT could lead to lower liquidity in European crypto markets, potentially increasing price volatility. Many traders rely on USDT to easily move between assets, and without it, they may experience delays or increased slippage in trades.
Rise of Alternative Stablecoins: With USDT being delisted, stablecoins such as USDC, which is already MiCA-compliant, will likely gain traction in the EU. Additionally, the rise of Euro-backed stablecoins may present a unique opportunity for the region to develop a more localized crypto economy.
Institutional Confidence: MiCA is designed to create a more transparent and regulated environment for institutional investors. As the EU establishes clear guidelines, it is expected that institutional players will favor compliant stablecoins like USDC over USDT.
What Does This Mean for Crypto Traders?
The delisting of USDT could have immediate consequences for European crypto traders. Here’s how traders can navigate this regulatory change:
Switch to USDC: As a fully compliant stablecoin, USDC presents a safer alternative for European traders. It’s already accepted on exchanges like Binance and can help ensure uninterrupted trading.
Consider Euro-Pegged Stablecoins: With the EU looking to develop its own stablecoin ecosystem, Euro-backed stablecoins may become more prevalent. Traders could diversify into these coins for localized transactions and a more secure trading experience.
Stay Informed: As the December 30 deadline approaches, it’s essential to stay updated with news from exchanges. Many platforms, including Binance, are likely to introduce new pairs or provide guidance on how users should transition from USDT.
#InvestSmart
#USDC
#CryptoCompliance
#MiCA
#CryptoRegulation
Stablecoins like USDC (USD Coin) and USDT (Tether) play a crucial role in the world of cryptocurrencies. They help bridge the gap between the unpredictable nature of digital currencies and the stability of traditional fiat currencies. These coins are designed to maintain a steady value, usually tied one-to-one with a specific fiat currency, such as the US dollar, which is why they’re called “stable.”
USDC is supported and managed by the Centre Consortium, a partnership between Circle and Coinbase, established in 2018. Circle oversees its operations and aims to boost transparency and trust by regularly confirming its financial status.
On the other hand, USDT, introduced by Tether Limited in 2014, is the first and most widely used stablecoin in the cryptocurrency market. Despite facing scrutiny regarding its reserve transparency, USDT remains a key player in the digital asset space.
The main goal of stablecoins like USDC and USDT is to reduce the price volatility commonly seen in other cryptocurrencies like Bitcoin and Ethereum. Maintaining a stable value provides a reliable means for everyday transactions, trading, and storing value, making cryptocurrencies more practical for real-world use.
Why is Tether Facing Delisting in the EU?
MiCA is designed to bring more transparency, security, and consumer protection to the cryptocurrency space. To comply with MiCA, stablecoins like USDT need to meet strict requirements, including obtaining licenses as electronic money institutions and publishing a compliant whitepaper. Tether, however, has not met these criteria, which has led to its delisting in the EU. This regulatory failure has significant consequences for both the company and its users.
What’s Next for USDT in Europe?
While no European regulators have explicitly confirmed that USDT will be delisted, many crypto exchanges, including major players like Binance and Crypto.com, are closely watching the situation. According to Juan Ignacio Ibañez, a member of the MiCA Crypto Alliance’s Technical Committee, exchanges are not required to immediately delist USDT but may take a proactive approach to avoid any compliance risks. As the December 30 deadline approaches, it remains uncertain whether exchanges will act all at once or adopt a “wait-and-see” strategy.
Potential Market Impacts and Opportunities
The delisting of USDT could have a ripple effect across the European crypto market. Here are some of the likely outcomes:
Liquidity and Volatility: The removal of USDT could lead to lower liquidity in European crypto markets, potentially increasing price volatility. Many traders rely on USDT to easily move between assets, and without it, they may experience delays or increased slippage in trades.
Rise of Alternative Stablecoins: With USDT being delisted, stablecoins such as USDC, which is already MiCA-compliant, will likely gain traction in the EU. Additionally, the rise of Euro-backed stablecoins may present a unique opportunity for the region to develop a more localized crypto economy.
Institutional Confidence: MiCA is designed to create a more transparent and regulated environment for institutional investors. As the EU establishes clear guidelines, it is expected that institutional players will favor compliant stablecoins like USDC over USDT.
What Does This Mean for Crypto Traders?
The delisting of USDT could have immediate consequences for European crypto traders. Here’s how traders can navigate this regulatory change:
Switch to USDC: As a fully compliant stablecoin, USDC presents a safer alternative for European traders. It’s already accepted on exchanges like Binance and can help ensure uninterrupted trading.
Consider Euro-Pegged Stablecoins: With the EU looking to develop its own stablecoin ecosystem, Euro-backed stablecoins may become more prevalent. Traders could diversify into these coins for localized transactions and a more secure trading experience.
Stay Informed: As the December 30 deadline approaches, it’s essential to stay updated with news from exchanges. Many platforms, including Binance, are likely to introduce new pairs or provide guidance on how users should transition from USDT.
#InvestSmart
#USDC
#CryptoCompliance
#MiCA
#CryptoRegulation
See original
In the last 24 hours🛑
🔸Tether has lost 1:1 parity with the US dollar.
🔸Tether loses more than 2 million market capitalization.
🔸Exchanges legally registered in the EU must remove the stablecoin from the market, because it does not comply with the regulations requested by said law.
(European Regulation of digital assets)
#USDT #USDT。 #MiCA
🔸Tether has lost 1:1 parity with the US dollar.
🔸Tether loses more than 2 million market capitalization.
🔸Exchanges legally registered in the EU must remove the stablecoin from the market, because it does not comply with the regulations requested by said law.
(European Regulation of digital assets)
#USDT #USDT。 #MiCA
#MICA vs #Tether . There was a lot of discussion about #USDT this week due to the new rules in Europe. We are at the beginning of a new era in which some concepts need to be revised. Europe is called the old continent. Being old is good for history and experience, an older person is most of the time wise and understands when it is time to have a new approach. The problem with European leaders is that they want to control something they do not understand using the same mechanisms that the old banking system used. The new government in the US, unlike European rulers, is in favor of the new blockchain technology and is going to focus on legislation on cryptocurrencies with people from the sector, that is, experts who know what they are doing. In addition, the American government is interested in having its debts bought, which is what Tether is doing. I think that in this competition Europe will be hurt. 2025 will be an interesting year because of AI Blockchain and quantum computing. Europe is behind and already wants to regulate something that it does not yet understand. As I said, I think Europe is missing an opportunity. I agree with the need to regulate, but we must use instruments that are appropriate to the times and technology, and not the same ones as always, with the aim of helping a system that is getting older and does not want to change: the European banking system.
#squarecreator $BNB
#squarecreator $BNB
Gurzanmh9:
nich
"Tether Faces EU Regulatory Challenges: Market Cap Drops $2 Billion, But USDT’s Resilience Remains S
What’s Next for Traders with USDT Amid EU Regulatory Hurdles?
The regulatory challenges facing Tether (USDT), $BTC
particularly with the European Union's MiCA regulation, have stirred uncertainty in the market. However, here’s how traders should approach the situation:
1. Impact on USDT’s Market Cap:
The $2 billion drop in USDT’s market cap signals some market apprehension. $ETH But the loss is relatively modest considering USDT's massive global market dominance. Despite some delisting by European exchanges, USDT’s strong trading volume in Asia and non-EU jurisdictions provides resilience against localized regulatory threats.
2. Short-Term Market Volatility:
Potential for further downside: With FUD (Fear, Uncertainty, and Doubt) surrounding USDT’s regulatory standing in Europe,$BNB it’s possible that the stablecoin could face additional downward pressure in the short term. Traders should remain cautious of further fluctuations below $0.997, especially if the MiCA regulations begin to take full effect in December 2024.However, based on the fact that 80% of USDT’s volume comes from Asia, the broader market impact may be muted in the long term.
3. What to Do Now?
Monitor Regulation Impact: Focus on how the MiCA regulation affects USDT's availability on major exchanges. While USDT will likely remain usable in non-custodial wallets and decentralized exchanges, the potential delisting on major exchanges could cause some short-term liquidity issues.Position for a Bounce: Traders could view the current FUD as a potential buying opportunity for USDT, given its historical resilience and massive liquidity. Analyst Axel Bitblaze suggests that USDT might bounce back significantly, with price levels much higher in February-March 2025.Look for Stable Alternatives: Traders may want to diversify into other MiCA-compliant stablecoins like USDC or DAI for exposure to a more regulatory-compliant stablecoin.
4. Long-Term Outlook:
Resilience of USDT: Despite the regulatory hurdles, USDT has repeatedly proven its ability to bounce back from FUD. As Samson Mow pointed out, USDT is a top player with massive AUM and liquidity. Even with regulatory challenges, it remains the #1 stablecoin by market cap and continues to serve millions globally.If MiCA regulations tighten, Tether may adapt by focusing on more compliant stablecoins, but it’s likely that USDT will maintain a dominant position in the market.
Pure Prediction:
Short-term: Expect some volatility and potential further price dip as markets digest the regulatory implications of MiCA.Long-term: USDT will likely remain dominant due to its immense liquidity and user base, but it’s important to monitor regulatory changes and explore alternatives in the short term.
5. What Traders Should Do:
For short-term traders: Stay cautious and reduce exposure to USDT until the dust settles post-MiCA enforcement. If the price dips further, consider adding positions at lower levels, but be prepared for some market corrections.For long-term traders: View any dips as a buying opportunity for USDT or look into compliant stablecoins like USDC. Keep an eye on global demand for USDT outside of the EU.
Immediate Action:
Monitor news about MiCA enforcement and how exchanges react to further delisting of USDT.Consider shifting some liquidity to USDC or DAI for regulatory safety in the short term while keeping a watch on USDT’s resilience.
Pure Prediction:
Despite short-term turbulence, USDT is likely to maintain its dominant role, and the market might rebound by mid-2025, especially if global demand for Tether continues outside the EU.
#Tether #USDT #CryptoRegulation #MiCA #Stablecoins #CryptoMarket #EURegulations #CryptoFUD #CryptoNews #MarketCapDrop #USDTResilience #Crypto2025
The regulatory challenges facing Tether (USDT), $BTC
particularly with the European Union's MiCA regulation, have stirred uncertainty in the market. However, here’s how traders should approach the situation:
1. Impact on USDT’s Market Cap:
The $2 billion drop in USDT’s market cap signals some market apprehension. $ETH But the loss is relatively modest considering USDT's massive global market dominance. Despite some delisting by European exchanges, USDT’s strong trading volume in Asia and non-EU jurisdictions provides resilience against localized regulatory threats.
2. Short-Term Market Volatility:
Potential for further downside: With FUD (Fear, Uncertainty, and Doubt) surrounding USDT’s regulatory standing in Europe,$BNB it’s possible that the stablecoin could face additional downward pressure in the short term. Traders should remain cautious of further fluctuations below $0.997, especially if the MiCA regulations begin to take full effect in December 2024.However, based on the fact that 80% of USDT’s volume comes from Asia, the broader market impact may be muted in the long term.
3. What to Do Now?
Monitor Regulation Impact: Focus on how the MiCA regulation affects USDT's availability on major exchanges. While USDT will likely remain usable in non-custodial wallets and decentralized exchanges, the potential delisting on major exchanges could cause some short-term liquidity issues.Position for a Bounce: Traders could view the current FUD as a potential buying opportunity for USDT, given its historical resilience and massive liquidity. Analyst Axel Bitblaze suggests that USDT might bounce back significantly, with price levels much higher in February-March 2025.Look for Stable Alternatives: Traders may want to diversify into other MiCA-compliant stablecoins like USDC or DAI for exposure to a more regulatory-compliant stablecoin.
4. Long-Term Outlook:
Resilience of USDT: Despite the regulatory hurdles, USDT has repeatedly proven its ability to bounce back from FUD. As Samson Mow pointed out, USDT is a top player with massive AUM and liquidity. Even with regulatory challenges, it remains the #1 stablecoin by market cap and continues to serve millions globally.If MiCA regulations tighten, Tether may adapt by focusing on more compliant stablecoins, but it’s likely that USDT will maintain a dominant position in the market.
Pure Prediction:
Short-term: Expect some volatility and potential further price dip as markets digest the regulatory implications of MiCA.Long-term: USDT will likely remain dominant due to its immense liquidity and user base, but it’s important to monitor regulatory changes and explore alternatives in the short term.
5. What Traders Should Do:
For short-term traders: Stay cautious and reduce exposure to USDT until the dust settles post-MiCA enforcement. If the price dips further, consider adding positions at lower levels, but be prepared for some market corrections.For long-term traders: View any dips as a buying opportunity for USDT or look into compliant stablecoins like USDC. Keep an eye on global demand for USDT outside of the EU.
Immediate Action:
Monitor news about MiCA enforcement and how exchanges react to further delisting of USDT.Consider shifting some liquidity to USDC or DAI for regulatory safety in the short term while keeping a watch on USDT’s resilience.
Pure Prediction:
Despite short-term turbulence, USDT is likely to maintain its dominant role, and the market might rebound by mid-2025, especially if global demand for Tether continues outside the EU.
#Tether #USDT #CryptoRegulation #MiCA #Stablecoins #CryptoMarket #EURegulations #CryptoFUD #CryptoNews #MarketCapDrop #USDTResilience #Crypto2025
🚨EU's MiCA Regulation Now Live! 🇪🇺📜
🔑MiCA standardizes crypto rules, boosts investor protection, and focuses heavily on stablecoins & compliance.
⚠️Stricter AML laws & high compliance costs may hit smaller players hard.
Big step for crypto’s future in the EU!🚀💼
#CryptoRegulation #MiCA #EUCrypto
🔑MiCA standardizes crypto rules, boosts investor protection, and focuses heavily on stablecoins & compliance.
⚠️Stricter AML laws & high compliance costs may hit smaller players hard.
Big step for crypto’s future in the EU!🚀💼
#CryptoRegulation #MiCA #EUCrypto
USDT AND MICA REGULATIONS
News are filled with information that EU is delisting USDT due to its MiCA compliance procedure.
First of all its noteworthy to say that while MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. That means USDT has 1.5 year comply with EU regulation.
Secondly, non of regulators have explicitly stated that USDT isn’t compliant.
Thirdly, a formal ban on USDT would likely increase costs for traders and disrupt market liquidity. So this won't likely to happen.
Keep calm, don't spread panic. USDT isn't going anywhere.
#Crypto2025Trends #USDT #MICA #EU
News are filled with information that EU is delisting USDT due to its MiCA compliance procedure.
First of all its noteworthy to say that while MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. That means USDT has 1.5 year comply with EU regulation.
Secondly, non of regulators have explicitly stated that USDT isn’t compliant.
Thirdly, a formal ban on USDT would likely increase costs for traders and disrupt market liquidity. So this won't likely to happen.
Keep calm, don't spread panic. USDT isn't going anywhere.
#Crypto2025Trends #USDT #MICA #EU
Lucrecia Henifin SMGs:
Thats true. Finally someone who read it all, not just the headline.
🚨🚨TETHER is fighting in Europe to avoid being delisted from exchanges! ⚠️
🔸 As the “MICA” rules are nearing their end of implementation on January 10, 2023, the fate of Tether (USDT) in the European Union is uncertain. According to a member of the #MiCA Crypto Alliance Technical Committee, none of the European regulators have yet officially announced whether Tether is compliant with the MICA rules.
🔸 While some exchanges like Coinbase have removed Tether from their services in Europe, many others like Binance and Crypto.com continue to support the currency. According to experts, exchanges can gain more transparency from regulators with a “#WAIT and #see ” strategy.
🔸 According to the MICA rules, companies providing digital currency services before the aforementioned date have until July 1, 2021 to obtain the necessary licenses or cease their activities.
#BTCMiningPeak #btc2025
🔸 While some exchanges like Coinbase have removed Tether from their services in Europe, many others like Binance and Crypto.com continue to support the currency. According to experts, exchanges can gain more transparency from regulators with a “#WAIT and #see ” strategy.
🔸 According to the MICA rules, companies providing digital currency services before the aforementioned date have until July 1, 2021 to obtain the necessary licenses or cease their activities.
#BTCMiningPeak #btc2025
ND-M:
They have time till 2026 to get regulated dont panik
Understanding the EU's New Markets in Crypto-Assets (MiCA) Regulation
In an era where the digital currency landscape is rapidly evolving, the European Union has taken a significant step towards regulation with the implementation of the Markets in Crypto-Assets (MiCA) regulation, which came into effect on June 30, 2024. This comprehensive legal framework, aimed at providing clarity and security in the crypto market, has been a topic of interest for both investors and crypto firms across the globe.
What is MiCA Regulation?
MiCA, or the Markets in Crypto-Assets Regulation, institutes uniform EU market rules for crypto-assets that were not previously regulated under existing financial services legislation. The regulation was designed to ensure transparency, disclosure, authorization, and supervision of transactions involving crypto-assets, including asset-referenced tokens (ARTs) and e-money tokens (EMTs), which are essentially types of stablecoins recognized by MiCA. The overarching goal of MiCA is to protect monetary sovereignty, enhance financial stability, and provide a clear regulatory environment for crypto operations within the EU market.
Key Provisions of MiCA
One of the cornerstone requirements of MiCA is that all businesses issuing ARTs and EMTs must maintain full liquid asset backing at a 1:1 ratio with their issued tokens, ensuring that each token is backed by an equivalent amount of fiat currency or other liquid assets. This move is aimed at preventing the kind of financial instability that can arise from unbacked or under-backed digital currencies.
MiCA also mandates the submission of regular transparency reports, adherence to capital requirements, and the preparation of detailed whitepapers according to Article 6 of the regulation. These whitepapers must provide all necessary information about the crypto asset to potential investors, ensuring they are well-informed about the risks and structure of the assets they might invest in.
Furthermore, entities involved in crypto-asset services (Crypto-Asset Service Providers or CASPs) must comply with ongoing regulations post-July 2026, including the submission of detailed transaction reports, rapid reporting of security incidents, and maintaining comprehensive records of compliance activities []. This ongoing compliance is crucial for maintaining market integrity and consumer protection.
Impact on the Market
The regulation has had a notable impact on the market dynamics, particularly with stablecoins like Tether's USDT facing potential delisting from EU exchanges for non-compliance with MiCA's stringent requirements. This regulatory shift has led to a noticeable increase in market share for compliant stablecoins like Circle's $USDC , which has been approved under MiCA.
The transition period allowed under MiCA has seen some exchanges preemptively delisting USDT, while others await further clarity on the regulation's full implementation. This transition period reflects the EU's approach to providing a buffer for businesses to adjust to the new regulatory landscape without causing abrupt market disruptions.
Looking Forward
As MiCA continues to shape the EU's crypto market, it sets a precedent for regulatory frameworks globally, potentially leading to a more unified approach to crypto regulation. Businesses in the crypto space are advised to establish dedicated compliance teams or partner with regulatory experts to navigate this complex landscape. The European Securities and Markets Authority (ESMA) has also prepared an interim register for MiCA compliance, which will be updated regularly until mid-2026, when it will be integrated into ESMA's IT systems.
The implementation of MiCA marks a new chapter in the regulation of digital assets in Europe, aiming to foster innovation while ensuring investor protection and market stability. As the deadline for full compliance approaches, the crypto industry in the EU is bracing for significant changes, with the expectation that this regulation will enhance trust and participation in the crypto market. For further assistance with MiCA compliance, crypto firms are encouraged to consult with legal experts specialized in this area.
Tags: #MICA #Crypto2025Trends #USDT
What is MiCA Regulation?
MiCA, or the Markets in Crypto-Assets Regulation, institutes uniform EU market rules for crypto-assets that were not previously regulated under existing financial services legislation. The regulation was designed to ensure transparency, disclosure, authorization, and supervision of transactions involving crypto-assets, including asset-referenced tokens (ARTs) and e-money tokens (EMTs), which are essentially types of stablecoins recognized by MiCA. The overarching goal of MiCA is to protect monetary sovereignty, enhance financial stability, and provide a clear regulatory environment for crypto operations within the EU market.
Key Provisions of MiCA
One of the cornerstone requirements of MiCA is that all businesses issuing ARTs and EMTs must maintain full liquid asset backing at a 1:1 ratio with their issued tokens, ensuring that each token is backed by an equivalent amount of fiat currency or other liquid assets. This move is aimed at preventing the kind of financial instability that can arise from unbacked or under-backed digital currencies.
MiCA also mandates the submission of regular transparency reports, adherence to capital requirements, and the preparation of detailed whitepapers according to Article 6 of the regulation. These whitepapers must provide all necessary information about the crypto asset to potential investors, ensuring they are well-informed about the risks and structure of the assets they might invest in.
Furthermore, entities involved in crypto-asset services (Crypto-Asset Service Providers or CASPs) must comply with ongoing regulations post-July 2026, including the submission of detailed transaction reports, rapid reporting of security incidents, and maintaining comprehensive records of compliance activities []. This ongoing compliance is crucial for maintaining market integrity and consumer protection.
Impact on the Market
The regulation has had a notable impact on the market dynamics, particularly with stablecoins like Tether's USDT facing potential delisting from EU exchanges for non-compliance with MiCA's stringent requirements. This regulatory shift has led to a noticeable increase in market share for compliant stablecoins like Circle's $USDC , which has been approved under MiCA.
The transition period allowed under MiCA has seen some exchanges preemptively delisting USDT, while others await further clarity on the regulation's full implementation. This transition period reflects the EU's approach to providing a buffer for businesses to adjust to the new regulatory landscape without causing abrupt market disruptions.
Looking Forward
As MiCA continues to shape the EU's crypto market, it sets a precedent for regulatory frameworks globally, potentially leading to a more unified approach to crypto regulation. Businesses in the crypto space are advised to establish dedicated compliance teams or partner with regulatory experts to navigate this complex landscape. The European Securities and Markets Authority (ESMA) has also prepared an interim register for MiCA compliance, which will be updated regularly until mid-2026, when it will be integrated into ESMA's IT systems.
The implementation of MiCA marks a new chapter in the regulation of digital assets in Europe, aiming to foster innovation while ensuring investor protection and market stability. As the deadline for full compliance approaches, the crypto industry in the EU is bracing for significant changes, with the expectation that this regulation will enhance trust and participation in the crypto market. For further assistance with MiCA compliance, crypto firms are encouraged to consult with legal experts specialized in this area.
Tags: #MICA #Crypto2025Trends #USDT
See original
#MiCA $USDC
Good day,
Is it true that after MICA comes into force, I will have to pay tax on having usdc? I live in Belgium, please help.
Best regards.
Good day,
Is it true that after MICA comes into force, I will have to pay tax on having usdc? I live in Belgium, please help.
Best regards.
Stividaddy71:
Bonjour je suis de Belgique aussi l article m intéresse mais je pense que comme écrit dans les commentaire la taxes s effectue au moment ou vous envoyer en euro sur votre compte
#USDT #MiCA
The delisting of USDT for EU users due to MiCA regulations is significant, but it is unlikely to shake the entire crypto world for several reasons:
1. Regional Impact:
The delisting is specific to the European Union, a major market but not the entirety of the global crypto space.
USDT remains available in other regions like North America, Asia, and parts of the world where MiCA regulations do not apply.
2. Dominance of USDT:
USDT is the largest stablecoin by market capitalization and has deep liquidity across multiple blockchains and exchanges.
Its delisting in the EU could cause short-term disruption but would not likely undermine its global dominance.
3. MiCA-Compliant Stablecoins:
MiCA is encouraging the growth of compliant stablecoins like USDC and EUROC.
Users in the EU will likely shift to these alternatives without abandoning the crypto ecosystem altogether.
4. Resilience of the Crypto Market:
The crypto world has faced similar challenges before (e.g., the collapse of Terra’s UST, regulatory actions against Binance USD), and the market has shown its ability to adapt and recover.
5. Tether’s Potential Adaptation:
Tether could choose to comply with MiCA regulations in the future, allowing USDT to return to EU exchanges.
6. Wider Implications:
Regulatory clarity like MiCA can actually strengthen the crypto ecosystem in the long term by providing clear rules, increasing investor confidence, and encouraging institutional adoption.
Possible Short-Term Effects:
Liquidity Disruption: EU users might face difficulties accessing USDT pairs temporarily, which could impact trading volume in the short term.
Conclusion:
While the delisting of USDT in the EU is significant and underscores the growing influence of regulations, it is unlikely to destabilize the entire crypto world.
The crypto market is resilient and has historically adapted to changes like these, often emerging stronger. It’s more a sign of the industry's ongoing evolution rather than a catastrophic event.
The delisting of USDT for EU users due to MiCA regulations is significant, but it is unlikely to shake the entire crypto world for several reasons:
1. Regional Impact:
The delisting is specific to the European Union, a major market but not the entirety of the global crypto space.
USDT remains available in other regions like North America, Asia, and parts of the world where MiCA regulations do not apply.
2. Dominance of USDT:
USDT is the largest stablecoin by market capitalization and has deep liquidity across multiple blockchains and exchanges.
Its delisting in the EU could cause short-term disruption but would not likely undermine its global dominance.
3. MiCA-Compliant Stablecoins:
MiCA is encouraging the growth of compliant stablecoins like USDC and EUROC.
Users in the EU will likely shift to these alternatives without abandoning the crypto ecosystem altogether.
4. Resilience of the Crypto Market:
The crypto world has faced similar challenges before (e.g., the collapse of Terra’s UST, regulatory actions against Binance USD), and the market has shown its ability to adapt and recover.
5. Tether’s Potential Adaptation:
Tether could choose to comply with MiCA regulations in the future, allowing USDT to return to EU exchanges.
6. Wider Implications:
Regulatory clarity like MiCA can actually strengthen the crypto ecosystem in the long term by providing clear rules, increasing investor confidence, and encouraging institutional adoption.
Possible Short-Term Effects:
Liquidity Disruption: EU users might face difficulties accessing USDT pairs temporarily, which could impact trading volume in the short term.
Conclusion:
While the delisting of USDT in the EU is significant and underscores the growing influence of regulations, it is unlikely to destabilize the entire crypto world.
The crypto market is resilient and has historically adapted to changes like these, often emerging stronger. It’s more a sign of the industry's ongoing evolution rather than a catastrophic event.
🚨 USDT Delisting in the EU: What You Need to Know! 🚨
🌍 Breaking News for EU Crypto Traders! 🌍
#Tether (USDT) is being delisted in the European Union! 📉 Starting December 30, 2024, USDT will no longer be available for trading or holding in the EU due to the new Markets in Crypto-Assets (MiCA) regulations. This is a game-changer for crypto traders in Europe, but don’t worry—we’ve got everything you need to navigate these changes and stay ahead!
What Does This Mean for You?
🔒 For EU Users:
Deadline Alert: Make sure all USDT transactions are finalized before December 30, 2024. After that, you may face restrictions or automatic conversion to alternative assets.
Transition Time: Plan to shift your holdings to MiCA-compliant stablecoins like EUROC or other approved alternatives. This is your chance to explore new opportunities and diversify your crypto portfolio.
🌐 For Global Users:
🌟 No Changes Yet: As of now, USDT is not being delisted outside the EU. But keep your eyes peeled! Regulatory landscapes are constantly evolving, and staying informed will give you a competitive edge.
Why Is This Happening?
The EU is tightening its grip on crypto with MiCA regulations, aiming to create a more secure and transparent market. While this may be a tough pill to swallow for some, it’s all about building trust and long-term stability in the crypto ecosystem.
3 Things You Can Do Right Now:
1. EU Traders, Act Fast! ✅
Review your USDT holdings today and convert them to an alternative like BUSD, EUROC, or other stablecoins that comply with MiCA before the delisting takes effect.
2. Embrace the Change 💡
Use this moment as an opportunity to diversify your stablecoin portfolio. The world of crypto offers countless innovative and compliant assets that can take your trading to the next level.
3. Stay Informed, Stay Ahead! 📈
Crypto regulations are constantly shifting. To stay ahead of the curve, follow Binance’s updates to ensure your investments remain compliant with the latest laws.
💥 Don’t Panic – Prepare and Prosper! 💥
Remember, the crypto world is always evolving, and staying informed is key to thriving. The USDT delisting in the EU may feel like a disruption, but it’s also a chance to explore new opportunities and improve your strategy.
If you found this helpful, don't forget to:
➡️ Follow me for more.
#CryptoNews #MiCA #Binance #Write2Earn!
#Tether (USDT) is being delisted in the European Union! 📉 Starting December 30, 2024, USDT will no longer be available for trading or holding in the EU due to the new Markets in Crypto-Assets (MiCA) regulations. This is a game-changer for crypto traders in Europe, but don’t worry—we’ve got everything you need to navigate these changes and stay ahead!
What Does This Mean for You?
🔒 For EU Users:
Deadline Alert: Make sure all USDT transactions are finalized before December 30, 2024. After that, you may face restrictions or automatic conversion to alternative assets.
Transition Time: Plan to shift your holdings to MiCA-compliant stablecoins like EUROC or other approved alternatives. This is your chance to explore new opportunities and diversify your crypto portfolio.
🌐 For Global Users:
🌟 No Changes Yet: As of now, USDT is not being delisted outside the EU. But keep your eyes peeled! Regulatory landscapes are constantly evolving, and staying informed will give you a competitive edge.
Why Is This Happening?
The EU is tightening its grip on crypto with MiCA regulations, aiming to create a more secure and transparent market. While this may be a tough pill to swallow for some, it’s all about building trust and long-term stability in the crypto ecosystem.
3 Things You Can Do Right Now:
1. EU Traders, Act Fast! ✅
Review your USDT holdings today and convert them to an alternative like BUSD, EUROC, or other stablecoins that comply with MiCA before the delisting takes effect.
2. Embrace the Change 💡
Use this moment as an opportunity to diversify your stablecoin portfolio. The world of crypto offers countless innovative and compliant assets that can take your trading to the next level.
3. Stay Informed, Stay Ahead! 📈
Crypto regulations are constantly shifting. To stay ahead of the curve, follow Binance’s updates to ensure your investments remain compliant with the latest laws.
💥 Don’t Panic – Prepare and Prosper! 💥
Remember, the crypto world is always evolving, and staying informed is key to thriving. The USDT delisting in the EU may feel like a disruption, but it’s also a chance to explore new opportunities and improve your strategy.
If you found this helpful, don't forget to:
➡️ Follow me for more.
#CryptoNews #MiCA #Binance #Write2Earn!
FireWaterFromOgórki:
1. europe is the third world of crypto
2. nothing will happen
USDT Delisting in the EU: What You Need to Know!
🚨 USDT Delisting in the EU: What You Need to Know! 🚨
Follow
🌍 Breaking News for EU Crypto Traders! 🌍
#Tether (USDT) is being delisted in the European Union! 📉 Starting December 30, 2024, USDT will no longer be available for trading or holding in the EU due to the new Markets in Crypto-Assets (MiCA) regulations. This is a game-changer for crypto traders in Europe, but don’t worry—we’ve got everything you need to navigate these changes and stay ahead!
What Does This Mean for You?
🔒 For EU Users:
Deadline Alert: Make sure all USDT transactions are finalized before December 30, 2024. After that, you may face restrictions or automatic conversion to alternative assets.
Transition Time: Plan to shift your holdings to MiCA-compliant stablecoins like EUROC or other approved alternatives. This is your chance to explore new opportunities and diversify your crypto portfolio.
🌐 For Global Users:
🌟 No Changes Yet: As of now, USDT is not being delisted outside the EU. But keep your eyes peeled! Regulatory landscapes are constantly evolving, and staying informed will give you a competitive edge.
Why Is This Happening?
The EU is tightening its grip on crypto with MiCA regulations, aiming to create a more secure and transparent market. While this may be a tough pill to swallow for some, it’s all about building trust and long-term stability in the crypto ecosystem.
3 Things You Can Do Right Now:
1. EU Traders, Act Fast! ✅
Review your USDT holdings today and convert them to an alternative like BUSD, EUROC, or other stablecoins that comply with MiCA before the delisting takes effect.
2. Embrace the Change 💡
Use this moment as an opportunity to diversify your stablecoin portfolio. The world of crypto offers countless innovative and compliant assets that can take your trading to the next level.
3. Stay Informed, Stay Ahead! 📈
Crypto regulations are constantly shifting. To stay ahead of the curve, follow Binance’s updates to ensure your investments remain compliant with the latest laws.
💥 Don’t Panic – Prepare and Prosper! 💥
Remember, the crypto world is always evolving, and staying informed is key to thriving. The USDT delisting in the EU may feel like a disruption, but it’s also a chance to explore new opportunities and improve your strategy.
If you found this helpful, don't forget to:
➡️ Follow me for more.
#CryptoNews #MiCA #Binance #Write2Earn! #furures
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Follow
🌍 Breaking News for EU Crypto Traders! 🌍
#Tether (USDT) is being delisted in the European Union! 📉 Starting December 30, 2024, USDT will no longer be available for trading or holding in the EU due to the new Markets in Crypto-Assets (MiCA) regulations. This is a game-changer for crypto traders in Europe, but don’t worry—we’ve got everything you need to navigate these changes and stay ahead!
What Does This Mean for You?
🔒 For EU Users:
Deadline Alert: Make sure all USDT transactions are finalized before December 30, 2024. After that, you may face restrictions or automatic conversion to alternative assets.
Transition Time: Plan to shift your holdings to MiCA-compliant stablecoins like EUROC or other approved alternatives. This is your chance to explore new opportunities and diversify your crypto portfolio.
🌐 For Global Users:
🌟 No Changes Yet: As of now, USDT is not being delisted outside the EU. But keep your eyes peeled! Regulatory landscapes are constantly evolving, and staying informed will give you a competitive edge.
Why Is This Happening?
The EU is tightening its grip on crypto with MiCA regulations, aiming to create a more secure and transparent market. While this may be a tough pill to swallow for some, it’s all about building trust and long-term stability in the crypto ecosystem.
3 Things You Can Do Right Now:
1. EU Traders, Act Fast! ✅
Review your USDT holdings today and convert them to an alternative like BUSD, EUROC, or other stablecoins that comply with MiCA before the delisting takes effect.
2. Embrace the Change 💡
Use this moment as an opportunity to diversify your stablecoin portfolio. The world of crypto offers countless innovative and compliant assets that can take your trading to the next level.
3. Stay Informed, Stay Ahead! 📈
Crypto regulations are constantly shifting. To stay ahead of the curve, follow Binance’s updates to ensure your investments remain compliant with the latest laws.
💥 Don’t Panic – Prepare and Prosper! 💥
Remember, the crypto world is always evolving, and staying informed is key to thriving. The USDT delisting in the EU may feel like a disruption, but it’s also a chance to explore new opportunities and improve your strategy.
If you found this helpful, don't forget to:
➡️ Follow me for more.
#CryptoNews #MiCA #Binance #Write2Earn! #furures
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
#Crypto2025Trends
EU’s MiCA Regulations and $USDT Delisting: What You Need to Know
The European Union’s Markets in Crypto-Assets (MiCA) regulation is setting new standards for stablecoins, requiring strict transparency and licensing compliance. As of now, Tether ($USDT) has not secured the necessary approval, leading exchanges across the EU to prepare for its delisting.
Market Disruption or Minimal Impact?
The delisting of $USDT in the EU is expected to affect its accessibility for millions of traders in the region, potentially driving liquidity shifts and altering stablecoin usage dynamics. However, it’s important to note that Europe is not a major market for $USDT. This means that the delisting is unlikely to have any significant impact on its overall value or global dominance as a leading stablecoin.
What’s Next?
As exchanges adapt to these regulatory changes, traders in the EU may need to explore alternative stablecoins that comply with MiCA standards. For the global crypto market, the spotlight remains on how other regions manage $USDT and whether similar regulatory challenges emerge elsewhere.
#CryptoNews #USDT #MiCA #Stablecoins #CryptoRegulation #BinanceSquare #CryptoEurope
EU’s MiCA Regulations and $USDT Delisting: What You Need to Know
The European Union’s Markets in Crypto-Assets (MiCA) regulation is setting new standards for stablecoins, requiring strict transparency and licensing compliance. As of now, Tether ($USDT) has not secured the necessary approval, leading exchanges across the EU to prepare for its delisting.
Market Disruption or Minimal Impact?
The delisting of $USDT in the EU is expected to affect its accessibility for millions of traders in the region, potentially driving liquidity shifts and altering stablecoin usage dynamics. However, it’s important to note that Europe is not a major market for $USDT. This means that the delisting is unlikely to have any significant impact on its overall value or global dominance as a leading stablecoin.
What’s Next?
As exchanges adapt to these regulatory changes, traders in the EU may need to explore alternative stablecoins that comply with MiCA standards. For the global crypto market, the spotlight remains on how other regions manage $USDT and whether similar regulatory challenges emerge elsewhere.
#CryptoNews #USDT #MiCA #Stablecoins #CryptoRegulation #BinanceSquare #CryptoEurope
See original
The impact of MiCA regulation on Tether and the European stablecoin market
The MiCA regulation is significantly narrowing investment options for European investors as it requires the delisting of USDT from exchanges today, December 30, 2024. This decision will cause market instability and directly affect the investment experience of investors.
MiCA and the challenges for Tether:
These regulations are expected to create some difficulties for Tether:
- Reduced liquidity: Requiring stablecoin issuers to comply with strict reserve regulations may decrease market liquidity.
MiCA and the challenges for Tether:
These regulations are expected to create some difficulties for Tether:
- Reduced liquidity: Requiring stablecoin issuers to comply with strict reserve regulations may decrease market liquidity.
The EU’s 2025 #MiCA and #TravelRule regulations are another blow to financial freedom. 🛑
These measures aren’t about safety—they’re about control. While we can’t avoid them yet, we can outsmart them. Stay sharp, stay free, and choose #Bitcoin ⚡
These measures aren’t about safety—they’re about control. While we can’t avoid them yet, we can outsmart them. Stay sharp, stay free, and choose #Bitcoin ⚡
Tether (USDT) Faces Depeg Amid EU Delisting Fears
Tether (USDT), the world’s leading stablecoin, is grappling with temporary depegging concerns, dropping to $0.9983 amid fears surrounding its exit from the European Union due to stringent MiCA regulations. Here's what’s happening and how it might impact the stablecoin market.
Key Highlights
🔹 Depegging Concerns: USDT has seen slight volatility, trading 0.10% below its $1 peg.
🔹 Regulatory Hurdles in the EU: Tether is exiting Europe, citing unprofitable MiCA compliance requirements.
🔹 Market Impact: Analysts maintain that Europe’s exit won’t significantly affect Tether’s dominance in the $203 billion stablecoin market.
What’s Causing the Depeg?
📉 Circulating Supply Drops: Over the last 10 days, Tether’s circulating supply has decreased by $1.3 billion, reflecting higher USDT-to-fiat redemptions.
⚡ FUD Intensifies: Investor concerns about Tether’s regulatory challenges and future in Europe have fueled short-term market uncertainty.
Why Tether is Leaving Europe
The EU’s Markets in Crypto Assets (MiCA) regulations demand:
60% of reserves in low-risk, bank-held assets.A ban on interest payments to users.
Analysts argue these measures make stablecoin issuance less profitable, prompting Tether’s strategic exit.
Without USDT, Europe risks losing access to the most liquid stablecoin, potentially disrupting exchange liquidity and innovation.
Tether’s Middle East Pivot
To counterbalance its EU exit, Tether is expanding into the UAE, a region with ambitions of becoming a global financial hub.
New Opportunity: Tether has secured an operational license in Abu Dhabi, making it a pioneer stablecoin in the region.Growth Potential: CEO Paolo Ardoino highlights regulatory approval in the UAE as a pathway for collaboration and innovation.
The Bigger Picture
Despite short-term volatility, Tether remains a dominant force in the stablecoin market. Its proactive shift to the Middle East signals adaptability in navigating global regulatory landscapes.
💬 Do you think Tether’s exit from Europe will reshape the stablecoin market? Let us know below!
#Tether #USDT #MiCA #CryptoNews #TheCoinRepublic
Key Highlights
🔹 Depegging Concerns: USDT has seen slight volatility, trading 0.10% below its $1 peg.
🔹 Regulatory Hurdles in the EU: Tether is exiting Europe, citing unprofitable MiCA compliance requirements.
🔹 Market Impact: Analysts maintain that Europe’s exit won’t significantly affect Tether’s dominance in the $203 billion stablecoin market.
What’s Causing the Depeg?
📉 Circulating Supply Drops: Over the last 10 days, Tether’s circulating supply has decreased by $1.3 billion, reflecting higher USDT-to-fiat redemptions.
⚡ FUD Intensifies: Investor concerns about Tether’s regulatory challenges and future in Europe have fueled short-term market uncertainty.
Why Tether is Leaving Europe
The EU’s Markets in Crypto Assets (MiCA) regulations demand:
60% of reserves in low-risk, bank-held assets.A ban on interest payments to users.
Analysts argue these measures make stablecoin issuance less profitable, prompting Tether’s strategic exit.
Without USDT, Europe risks losing access to the most liquid stablecoin, potentially disrupting exchange liquidity and innovation.
Tether’s Middle East Pivot
To counterbalance its EU exit, Tether is expanding into the UAE, a region with ambitions of becoming a global financial hub.
New Opportunity: Tether has secured an operational license in Abu Dhabi, making it a pioneer stablecoin in the region.Growth Potential: CEO Paolo Ardoino highlights regulatory approval in the UAE as a pathway for collaboration and innovation.
The Bigger Picture
Despite short-term volatility, Tether remains a dominant force in the stablecoin market. Its proactive shift to the Middle East signals adaptability in navigating global regulatory landscapes.
💬 Do you think Tether’s exit from Europe will reshape the stablecoin market? Let us know below!
#Tether #USDT #MiCA #CryptoNews #TheCoinRepublic
It's surprising to see how many influencers on CT, TG, and YT are spreading fear-mongering FUD about $USDT. The #MICA regulations aren't new, they were approved months ago and will only take effect from December 31. Users and exchanges in the EU have been preparing for this for months. Many EU users have already swapped USDT for other stablecoins or bought + $BTC and other cryptocurrencies.
This is just a short-term issue. Interestingly, USDT FUD usually marks the bottom in bear markets, but now we're seeing similar fear in a bull market. USDT isn't going anywhere, at least for now. They're actively working to address this, and we'll likely see USDT return to the EU in a few months.
These influencers are acting as though USDT is going to zero, but at most, we can expect some short-term volatility. If a dip happens, it could be a great buying opportunity. Even if USDT dips, I'd buy, it's easy money! Similar FUD happened with USDC months ago, and we all know how that turned out
This is just a short-term issue. Interestingly, USDT FUD usually marks the bottom in bear markets, but now we're seeing similar fear in a bull market. USDT isn't going anywhere, at least for now. They're actively working to address this, and we'll likely see USDT return to the EU in a few months.
These influencers are acting as though USDT is going to zero, but at most, we can expect some short-term volatility. If a dip happens, it could be a great buying opportunity. Even if USDT dips, I'd buy, it's easy money! Similar FUD happened with USDC months ago, and we all know how that turned out
naxt:
brother, is usdt saved or not?
See original
Let's clarify #theter e #MiCA , but before that you need to know a couple of dynamics of the interbank system.
In the collective imagination, the bank is imagined as a large safe in which the account holders' money is stored and stacked on large pallets. Unfortunately, however, this is not the reality. Forget about walls of pure gold as a guarantee for your money. Nowadays that money does not even exist, they are digital lines contained in a database.
Banks earn by granting loans and speculating in turn on other financial instruments, and the system stands only thanks to the continuous circulation of money and the fact that very few people need it in physical form. So the money given to a bank is even more virtual than crypto.
Another important point is the minimum amount that banks must hold in cash as liquidity. Until some time ago it had to be 30% of the capital paid by account holders. Today the obligation is only 10%. What does this mean? That every bank is heavily overexposed, and that if only its account holders decided to go and get back even just 10% of their paid-in capital, the bank, and I would say any bank, would go bankrupt.
Another point! There is an interbank fund that guarantees our money up to a maximum of 100K€. Which means that if you have already deposited more than 100K€ in your account, your money is still at risk.
Now let's move on to #MiCA
The #MiCA requires that a stable Coin, in order to be in compliance, must deposit at least 60% of the collateral in cash and at a Bank.
Consider that #theter has a capitalization that is close to the gross domestic product of a state like Germany!
Now let's try to connect the dots and understand if #Theter are ignorant or enlightened, and above all if they are carrying forward something that, despite the many comments we are reading, is going in favor of the users or not.
...
In the collective imagination, the bank is imagined as a large safe in which the account holders' money is stored and stacked on large pallets. Unfortunately, however, this is not the reality. Forget about walls of pure gold as a guarantee for your money. Nowadays that money does not even exist, they are digital lines contained in a database.
Banks earn by granting loans and speculating in turn on other financial instruments, and the system stands only thanks to the continuous circulation of money and the fact that very few people need it in physical form. So the money given to a bank is even more virtual than crypto.
Another important point is the minimum amount that banks must hold in cash as liquidity. Until some time ago it had to be 30% of the capital paid by account holders. Today the obligation is only 10%. What does this mean? That every bank is heavily overexposed, and that if only its account holders decided to go and get back even just 10% of their paid-in capital, the bank, and I would say any bank, would go bankrupt.
Another point! There is an interbank fund that guarantees our money up to a maximum of 100K€. Which means that if you have already deposited more than 100K€ in your account, your money is still at risk.
Now let's move on to #MiCA
The #MiCA requires that a stable Coin, in order to be in compliance, must deposit at least 60% of the collateral in cash and at a Bank.
Consider that #theter has a capitalization that is close to the gross domestic product of a state like Germany!
Now let's try to connect the dots and understand if #Theter are ignorant or enlightened, and above all if they are carrying forward something that, despite the many comments we are reading, is going in favor of the users or not.
...
Clayton Brittman Y2ve:
not sure