🚀 Important news from the world of cryptocurrency and blockchain! 🚀
• Tether CEO Paolo Ardoino expressed concerns about the new MiCA regulation in the EU. The law requires stablecoin issuers to hold at least 60% of their reserves in EU banks.
• Ardoino believes that this could lead to systemic risks for the banking system and stablecoins, recalling the collapse of Silicon Valley Bank in 2023.
• He also supported Donald Trump's idea of creating a strategic Bitcoin reserve for the United States, emphasizing the advantages of Bitcoin over gold.
• Some experts disagree, pointing to Bitcoin volatility, but Ardoino is confident that this will confirm the correctness of Tether's strategy.
💬 What do you think about the new regulations and the idea of a Bitcoin reserve? Share your opinions in the comments!